8-K

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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

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                                    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)           November 1, 2002

                         Commission file number: 0-20490

                        THE CARBIDE/GRAPHITE GROUP, INC.

             (Exact name of registrant as specified in its charter)

           Delaware                                   57-1575609
(State or other jurisdiction of                    (I.R.S. Employer
 incorporation or organization)                    Identification No.)

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

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





                                      None
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           (former name or former address, if changed since last year)






ITEMS 1, 2, 3, 4, 6, 8 AND 9

         Not applicable.

ITEM 5.  OTHER EVENTS

     On November 1, 2002, the Registrant issued a press release announcing its
intent to liquidate the assets related to its electrode and graphite speciality
business and Seadrift L.P. A copy of the press release is attached as Exhibit
99.1 to this report and is incorporated herein by reference.

ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS

         (A)      FINANCIAL STATEMENTS OF BUSINESS ACQUIRED
                  Not Applicable

         (B)      PRO FORMA FINANCIAL INFORMATION
                  Not Applicable

         (C)      EXHIBIT NO.
                  99.1     Press Release Dated November 1, 2002



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                                   SIGNATURES

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

                                             THE CARBIDE/GRAPHITE GROUP, INC.

                                             By: /s/ Walter B. Fowler
                                                 ------------------------------
                                                       Walter B. Fowler -
                                                     Chief Executive Officer



Dated:   November 5, 2002




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                                  EXHIBIT INDEX

          EXHIBIT
            NO.      DESCRIPTION
          -------    -----------

            99.1     Press Release Dated November 1, 2002






                                     - 4 -

EX-99.1

                                                                    Exhibit 99.1


AB                                                              NEWS RELEASE
THE CARBIDE/GRAPHITE GROUP                               HTTP://WWW.CGGI.COM
One Gateway Center, 19th Floor
Pittsburgh, PA  15222-1416
(412) 562-3700


FOR IMMEDIATE RELEASE

          THE CARBIDE/GRAPHITE GROUP, INC. ("C/G") ANNOUNCES ITS INTENT
             TO LIQUIDATE THE ASSETS RELATED TO C/G'S ELECTRODE AND
                 GRAPHITE SPECIALTY BUSINESS AND SEADRIFT L.P.


PITTSBURGH, PENNSYLVANIA - NOVEMBER 1, 2002 - THE CARBIDE/GRAPHITE GROUP, INC.
("C/G") ANNOUNCES ITS INTENT TO LIQUIDATE THE ASSETS RELATED TO C/G'S ELECTRODE
AND GRAPHITE SPECIALTY BUSINESS AND SEADRIFT L.P. THESE ASSETS COMPRISE PLANTS
LOCATED IN ST. MARYS, PENNSYLVANIA; NIAGARA FALLS, NEW YORK; AND ITS
HEADQUARTERS IN PITTSBURGH, PENNSYLVANIA. DETAILS OF THE LIQUIDATION WILL BE
DETERMINED COOPERATIVELY BETWEEN THE COMPANY AND ITS CONSTITUENCIES. THE
LIQUIDATION IS EXPECTED TO BE COMPLETED BY EARLY-JANUARY 2003.

         NOTE: THIS RELEASE CONTAINS FORWARD-LOOKING STATEMENTS THAT ARE BASED
ON CURRENT EXPECTATIONS, ESTIMATES, AND PROJECTIONS ABOUT THE INDUSTRIES IN
WHICH THE COMPANY OPERATES, MANAGEMENT'S BELIEFS, AND ASSUMPTIONS MADE BY
MANAGEMENT. WORDS SUCH AS "EXPECTS," "ANTICIPATES," "INTENDS," "PLANS,"
"BELIEVES," "ESTIMATES" AND VARIATIONS OF SUCH WORDS AND SIMILAR EXPRESSIONS ARE
INTENDED TO IDENTIFY SUCH FORWARD-LOOKING STATEMENTS. THESE STATEMENTS
CONSTITUTE "FORWARD-LOOKING STATEMENTS" WITHIN THE MEANING OF SECTION 27A OF THE
SECURITIES ACT OF 1933, AND ARE SUBJECT TO THE SAFE HARBOR CREATED THEREBY.
THESE STATEMENTS ARE BASED ON A NUMBER OF ASSUMPTIONS THAT COULD ULTIMATELY
PROVE INACCURATE AND, THEREFORE, THERE CAN BE NO ASSURANCE THAT SUCH STATEMENTS
WILL PROVE TO BE ACCURATE. OTHER RISKS AND UNCERTAINTIES ARE DETAILED IN THE
COMPANY'S FILINGS WITH THE SECURITIES AND EXCHANGE COMMISSION. THE COMPANY DOES
NOT UNDERTAKE TO PUBLICLY UPDATE ANY FORWARD-LOOKING STATEMENT, WHETHER AS A
RESULT OF NEW INFORMATION, FUTURE EVENTS OR OTHERWISE.

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