Record the lowest amount of graphite electrode consumption in the steelmaking area

Mining News Pro - The amount of electrode consumption in the steelmaking section of Mobarakeh Steel Company in April 2022 was 1.76 kg per ton of melt, which decreased to 1.60 kg per ton of melt in April of this year.

MSC reached the lowest rate of graphite electrode consumption

Mining News Pro - MSC reached the lowest rate of graphite electrode consumption, 1,77kg per molten iron.

Steel graphite electrode consumption reduction project became the top productivity project, HOSCO reported

Mining News Pro - The seventh conference of Iran Mines and Mining Industries Productivity Award chose the HOSCO’s steel graphite electrode consumption reduction project as the top productivity project.

How India’s Graphite Electrodes Trade Dynamics Changed in Last Two Years?

Mining News Pro - The last two years have been a roller coaster ride for the Graphite electrodes manufacturers globally. The supply-side structural changes in China that took place in the latter half of 2017 required polluting GE units to shut down and subsequently created its shortage and increased prices.

China’s Graphite Electrode Market Enters a Quiet Period this Week

Mining News Pro - The Graphite electrodes (GE) prices in China have remained stable this week with the end of most steel mills’ purchase season in November. According to sources, the inquiries from traders and downstream manufacturers have decreased and currently, the sales pressure is lesser as GE manufacturers do not have much inventory.

What is happening in China’s Graphite Electrode Market?

Mining News Pro - SteelMint has heard from its market sources that the Graphite electrode prices in China have climbed up this week by RMB 10,000 to 20,000 (USD 1,440 – 2,880/MT). The major price hike has been observed especially in case of small diameter graphite electrodes.

Russia’s Graphite Electrode Major Energoprom Group Announces Rebranding

Mining News Pro - Russian GE major Energoprom is rebranding the company and companies in control.

China’s Graphite Electrodes Prices Rise Marginally Post National Day Holiday

Mining News Pro - Post the one-week National Day Holidays, graphite electrode (GE) prices in China has continued on a rising trend and surged by RMB 10,000/MT (USD 1,444/MT).

India: What does Graphite Electrodes New Quarter`s Contract Price Reveal?

Mining News Pro - According to the SteelMint sources, the contract prices of graphite electrodes (GE) in the Indian market for Oct-Dec’18 quarter are heard to remain almost at similar levels against the previous quarter of Jul-Sep’18.

Indian Government Lifts Ban on Pet Coke Imports for Graphite Electrode Industry

Mining News Pro - Bringing cheers to India’s graphite electrode industry, Indian government has allowed imports of pet coke, used for fuel purpose by graphite electrode industry, said an official notification from DGFT (Directorate General of Foreign Trade).

China’s Graphite Electrode Prices Remain Stable W-o-W basis

Mining News Pro - According to the SteelMint sources, with the upcoming National Day holidays starting from 1 October, the Graphite electrode prices in China have remained unchanged this week.

China’s Graphite Electrode Major Fangda Carbon to Set up a 50,000 tonnes GE Plant

Mining News Pro - Shanghai-based Graphite electrode (GE) manufacturer Fangda Carbon New Material Company Ltd (Fangda Carbon) plans to build 50,000 tonnes of Ultra High Power (UHP) grade GE plant in Ganmei Industrial Zone, Meishan in Sichuan province.

China’s Graphite Electrode Prices Gains Further ahead of National Day Holidays

Mining News Pro - According to the SteelMint sources, the gains in the domestic graphite electrode (GE) prices in China have been extended this week also. The GE prices in the country have moved up by RMB 4,000 -10,000 per tonnes (USD 584 – 1,460/MT) w-o-w basis.

Russia’s Energoprom Group Upgrades its Novocherkassk Plant to Increase Graphite Electrodes Capacity

Mining News Pro - Russia’s Graphite electrode (GE) major Energoprom Group has commissioned a new pitch impregnation line at its Novocherkassk electrode plant.

China’s Graphite Electrode prices Surge Further amid Increased Inquires

Mining News Pro - SteelMint has reported that last week China’s graphite electrodes prices surged by RMB 3,000 to 20,000 (USD 438 – 2,920/MT) varying with the size. However, sources have informed that the GE prices in China have increased further by RMB 2,000 to 10,000/MT (USD 292 – 1,460/MT).

South Korean EAF Steel Manufacturers to Increase Prices amid Rising Graphite Electrode Costs

Mining News Pro - According to market sources, the South Korean special steel manufacturers that use EAFs (Electric arc furnaces) for production are likely to increase their product prices starting from Sep’18 in response to rising raw materials such as scrap, graphite electrodes (GE) and alloy steel prices.

Chinese Graphite Electrodes Price Surges amid Increased Procurement

Mining News Pro - According to SteelMint sources, with the start of September month, the Chinese graphite electrode prices have registered an increase of about RMB 3,000 to 20,000/MT (USD 437 – 2,917/MT) depending upon the size, against the August prices.

Chinese Graphite Electrode Prices Registers Sharp Drop amid Increased Competition

Mining News Pro - According to SteelMint sources, the graphite electrode (GE) prices in China have registered a dramatic decline over past few days amid aggressive selling by the country’s domestic GE producers.

Graphite Electrode: Fangda Carbon Books Robust Profits in First Half of 2018

Mining News Pro - China’s graphite electrode major, Fangda Carbon has released its semi-annual report for the year 2018 and as per the report the company has realized operating revenue of RMB 6.08 billion (USD 892 million) during Jan-Jun’18, an increase of 235.42% against the corresponding period of previous year. In terms of profits, the company’s net profits have been recorded at RMB 1.17 billion (USD 171.66 million), a rise of 669% year on year basis.

Japan’s GE Major Tokai Carbon to Introduce Pricing Formula for Graphite Electrodes

Mining News Pro - Recently, Japan’s key Graphite Electrode (GE) producer, Tokai Carbon unveiled the company’s medium-term business plans for the next three years starting from the fiscal year 2019.

China’s Baosteel and Fangda Carbon Join Hands to Set up A Graphite Electrode Plant in the Country

Mining News Pro -

India to Remove Anti-Dumping Duty on Graphite Electrode Imports: Sources

Mining News Pro - SteelMint has heard from its market sources that India is set to remove anti-dumping duty (ADD) on imports of graphite electrodes (GE) from China that was imposed in 2015.

Iranian Government Favours Graphite Electrode Imports amid Currency Depreciation

Mining News Pro - In a recently held meeting between Ministry of Mine and Trade of Iran and country`s major steelmakers, it was announced that the government will be allocating USD 440 Mn for the import of graphite electrode in Iran.

Is China’s Inner Mongolia Region becoming Manufacturing Hub for Graphite Electrode Industry?

The graphite electrode (GE) consumption in China is increasing rapidly amid the supply-side reforms undertaken by the country. In its efforts to control overcapacity and curb rising levels of pollution, the Chinese government has ordered the closure of many polluting induction, blast furnaces and also GE units. At the same time, it is promoting usage of more electric furnaces to produce steel which requires graphite electrodes as key raw material. Thus this closure of GE units and promotion of EAFs has made graphite electrode industry in China as one of the main focus of investment.

China’s Graphite Electrode Prices Registers Fall W-o-W basis

Mining News Pro - According to SteelMint sources, the Graphite electrode (GE) prices in China have registered a fall by about 10% across all grades week on week basis.

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