Indian Government Lifts Ban on Pet Coke Imports for Graphite Electrode Industry
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).
In Aug’18, the country has banned the import of pet coke for fuel purpose. However, the import was allowed to only four industries so far including cement, lime kiln, calcium carbide and gasification and now the fifth one, graphite electrode industry is added for whom pet coke is freely importable.
India is the world’s biggest consumer of petroleum coke, which is a dark solid carbon material that emits 11% more greenhouse gases than coal.
Needle coke is one of the types of petroleum coke. There is petroleum-based needle coke and coal-based needle coke, and either can be used to produce graphite electrodes. Petroleum-based needle coke is a by-product of the oil refining process, whereas coal-based needle coke is made from coal tar which appears during coke production.
Needle coke is the main raw material used in the graphite electrodes that producers say can take up to six months to make with processes including baking and re-baking to convert the coke into graphite.
As the performance of graphite electrodes depends on the quality of needle coke used, the graphite electrode manufacturers usually use coal-based needle coke to produce high-grade graphite electrodes which are comparatively less polluting.
There are two major players in Indian graphite electrode industry Graphite India and HEG Limited with a capacity of 80,000 tonnes and 98,000 tonnes respectively. The continuity of the ban on pet coke imports in India would have definitely created the shortage of key raw materials for graphite electrodes thus affecting their supplies.
source: SteelMint
Top News
Six last month
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Gold price faces worst week since 2021 as Fed signals no rate-cut rush
Gold loses some luster after Trump’s decisive win
Iron ore price flirts with key $100/t level on firm demand, China stimulus hopes
Hedge funds slash bullish wagers on gold over Trump election win
Resolute Mining says it will pay Mali $160 million in tax dispute
Families gather at South African mine shaft where hundreds are feared stuck underground
Higher silver supply to reduce global deficit by 4% in 2024
Sierra Leone woos miners to clean energy with $11 billion plan
Alrosa plans production cuts and staff reduction for 2025
Chile’s rare salt flat fish face threat from lithium mining project
Endeavour Silver raises $73m for Pitarrilla project
BHP to spend up to $14 billion on Chilean copper expansion
Chile’s rare salt flat fish faces threat from lithium mining project
British Columbia creates new mining ministry to tackle critical minerals amid doubts over capacity
China’s germanium, gallium ban could cost the US $3.4 billion
South Africa police standoff with illegal gold miners escalates
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Sierra Leone woos miners to clean energy with $11 billion plan
Alrosa plans production cuts and staff reduction for 2025
Chile’s rare salt flat fish face threat from lithium mining project
Endeavour Silver raises $73m for Pitarrilla project
Chile’s rare salt flat fish faces threat from lithium mining project
British Columbia creates new mining ministry to tackle critical minerals amid doubts over capacity
Newmont sells Ontario gold mine to Orla for $850 million
