The Union Budget for FY19 has brought in some cheer to the Graphite Electrode consumers in India— the Electric Arc Furnace steel makers– as the Government has introduced a Tariff rate of 20% on Graphite Electrode exports. However, export duty on Graphite
Driven by strong demand and supply constraints, price of Graphite Electrodes in China surged exponentially during the last 10 months and continues to rise. According to Graphite Association of China, the total production of Graphite Electrode in China in 2017 will reach
Fresh offers from one of the top 8 graphite electrode producers in the world Tokai Carbon, has witnessed a sudden rise, crossing the USD 8000 mark. Offers for 32-28inch variant has been ascertained at JPY 920,000 (USD 8197)/MT where as for rods
The ongoing negotiations on long term contract price for Graphite Electrodes in Japan are seeing higher prices due to Needle Coke supply shortage emanating in the international markets. Of late, the price negotiations have reached around USD 9,000/MT from around USD 6,000/MT
In the light of fresh indications of a bull rally in prices for graphite electrode, which may leave steel producers in a quandary, the Steel ministry has allegedly questioned Indian graphite electrode manufacturers about the soaring prices. Sources in the knowhow of