<?xml version="1.0" encoding="UTF-8"?><!-- Generated by Broadridge Transform (tm) - http://www.broadridge.com --><!-- Created: Tue Sep 08 15:58:51 UTC 2026 --><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:common="http://www.sec.gov/edgar/common">
  <schemaVersion>X0202</schemaVersion>
<headerData>
    <submissionType>SCHEDULE 13G/A</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0002038657</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>2</amendmentNo>
      <securitiesClassTitle>Common Stock, $0.01 par value per share</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>09/01/2026</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0000931148</issuerCik>
        <issuerName>GRAFTECH INTERNATIONAL LTD</issuerName>
        <issuerCusips>
          <issuerCusipNumber>384313607</issuerCusipNumber>
        </issuerCusips>
        <issuerPrincipalExecutiveOfficeAddress>
          <common:street1>982 Keynote Circle</common:street1>
          <common:city>Brooklyn Heights</common:city>
          <common:stateOrCountry>OH</common:stateOrCountry>
          <common:zipCode>44131</common:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(c)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>HEG Advanced Materials Ltd</reportingPersonName>
      <citizenshipOrOrganization>K7</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>0</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>0</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>0</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <classPercent>0</classPercent>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>GRAFTECH INTERNATIONAL LTD</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>982 Keynote Circle, Brooklyn Heights, Ohio 44131</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>This Statement is filed on behalf of HEG Advanced Materials Limited, which was formerly known as "HEG Limited" (the "Reporting Person"). On September 2, 2026, HEG Limited was renamed as "HEG Advanced Materials Limited."

On September 1, 2026, pursuant to the Composite Scheme of Arrangement amongst the Reporting Person, HEG Graphite Limited, Bhilwara Energy Limited, and their respective shareholders and creditors, the Reporting Person transferred the 2,577,106 shares of the Issuer's Common Stock that it directly held as of such date (taking into account the 1-for-10 reverse stock split the Issuer effected on August 29, 2025) to HEG Graphite Limited.

HEG Graphite Limited is separately filing a Schedule 13G to report that it beneficially owns greater than 5% of the Issuer's outstanding Common Stock.</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>The address of the principal business office of the Reporting Person is Bhilwara Towers, A-12, Sector 1, Noida (UP) 201301 NCR Delhi, Republic of India.

The registered office address of the Reporting Person is Mandideep (Near Bhopal), Distt. Raisen-462046, Madhya Pradesh, Republic of India.</principalBusinessOfficeOrResidenceAddress>
        <citizenship>Republic of India</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>As of the date hereof, the Reporting Person may be deemed the beneficial owner of 0 shares of Common Stock.</amountBeneficiallyOwned>
        <classPercent>As of the date hereof, the Reporting Person may be deemed the beneficial owner of 0% of the shares of Common Stock outstanding.</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>0</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>0</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>0</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>0</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>N</notApplicableFlag>
        <classOwnership5PercentOrLess>Y</classOwnership5PercentOrLess>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.</certifications>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>HEG Advanced Materials Ltd</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Shri Manish Gulati</signature>
        <title>Shri Manish Gulati, Authorised Signatory</title>
        <date>09/08/2026</date>
      </signatureDetails>
    </signatureInformation>
  </formData>
</edgarSubmission>
