SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

        Date of Report (Date of earliest event reported): April 21, 1997




                        THE CARBIDE/GRAPHITE GROUP, INC.

        Delaware                    0-20490                     25-1575609
(State of Incorporation)    (Commission File Number)          (IRS Employer
                                                           Identification Code)


                         One Gateway Center, 19th Floor
                                 Pittsburgh, PA
                                      15222
                    (Address of principal executive offices)

       Registrant's telephone number, including area code: (412) 562-3700










Item 1 through Item 4:  Not applicable.

Item 5 -- Other Events:

     On April 21, 1997, the Registrant  released the following  information with
respect to a $28 million Longitudinal graphitizing project:

     Pittsburgh,  PA - April 21, 1997 - The Carbide/Graphite Group, Inc. (NASDAQ
NNM:  CGGI)  today  announced   plans  to  build  a  $28  million   Longitudinal
graphitizing  facility  which will replace less efficient  Acheson  graphitizing
facilities.  The  project,  which is subject  to  regulatory  and  environmental
permitting  approvals,  will be funded  from  internal  cash flow and  available
credit facilities.

     Walter Fowler,  Chairman and Chief Executive Officer,  commented,  "The new
Longitudinal  facilities  will be capable of  graphitizing  30 million pounds of
high quality  electrodes  at a  significantly  lower cost than the Acheson units
being removed from service. Once completed, Longitudinal graphitizing technology
will comprise 95% of C/G's total graphitizing capacity, an optimal balance given
our mix of products. The benefits of Longitudinal technology compared to Acheson
technology  include a manufacturing  cost advantage of almost $0.20 per pound, a
shorter  inventory  cycle  of 8 days  versus  24  days,  as well as  significant
processing  advantages which will enhance our ability to produce larger,  higher
quality  electrodes.  This capital investment  complements the two modernization
projects currently  underway in our graphite electrode  facilities and completes
our current capital spending plan to increase the efficiency and capabilities of
our electrode production process."

     The  Carbide/Graphite  Group, Inc. is a leading  manufacturer of industrial
graphite and calcium  carbide  products  with  manufacturing  facilities  in St.
Marys,  Pennsylvania;  Niagara  Falls,  New York;  Louisville  and Calvert City,
Kentucky; and Seadrift, Texas.

     Note: This release may contain forward looking statements as defined in the
Private  Securities  Litigation  Reform Act of 1995. Actual future results could
differ  materially  from  those  set  forth in such  statements  due to  various
factors.   Such  factors  include  the  risks   associated   with   Longitudinal
graphitizing  technology and the ability to obtain  regulatory and environmental
approvals and permits.

                                      # # #


Item 6 through Item 8:  Not applicable.


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                                   SIGNATURES

     Pursuant to the  requirements  of the  Securities  Exchange Act of 1934, as
amended,  the  Registrant has duly caused this report to be signed on its behalf
by the following hereunto duly authorized.

                                         The Carbide/Graphite Group, Inc.

                                              /s/  Walter B. Fowler
                                    -------------------------------------------
                                    Walter B. Fowler -- Chief Executive Officer
Dated:  April 22, 1997



















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