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.
News ID: 8625 Publish Date : 2020/03/05
The graphite electrodes prices globally are on a free-fall for over the past one year amid excess supply and poor downstream demand. As per SteelMint's analysis, the electrode prices have plunged by almost 67% y-o-y basis (ex-China). This includes both HP as well as UHP grades.
News ID: 8021 Publish Date : 2019/12/18
The sharp decline in graphite electrodes prices in past one year has dragged down the performance of Chinese graphite electrodes manufacturer, Fangda Carbon, as its net profits have registered a fall of more than 50% in the first three quarters of 2019.
News ID: 7297 Publish Date : 2019/10/31
With no major change in China’s downstream steel demand, the overall situation in country’s GE market continues to remain sluggish and the prices prevails to be weak.
News ID: 6385 Publish Date : 2019/09/05
Bearish sentiments in China’s graphite electrodes market continued this week amid drop in the country’s domestic steel prices. The tepid downstream demand is taking toll upon China’s GE market and few of the EAF manufacturers have stalled their production resulting in plunge in GE demand and its prices (especially that of non-UHP grade electrodes and small sized electrodes).
News ID: 6201 Publish Date : 2019/08/28
It seems that the tables have turned for global Graphite Electrode ( GE ) manufacturers, including Indian producers, as after enjoying price buoyancy for almost two years, prices have started falling at an unrestrained pace.
News ID: 4953 Publish Date : 2019/07/01
As per the latest updates, Russia’s only needle coke manufacturer, Gazprom Neft Omsk Refinery has finally produced and supplied its first batch of needle coke to the domestic manufacturers.
News ID: 4820 Publish Date : 2019/06/15
Fangda Carbon, Kaifeng Carbon, and Jilin Carbon are China’s three leading graphite electrodes manufacturers. In 2018, due to a sharp rise in the graphite electrodes prices and a surge in market demand, all the three companies have recorded an increase in profits of more than 50% y-o-y on basis.
News ID: 4647 Publish Date : 2019/05/27
According to the latest reports, Iran’s IMIDRO (Iranian Mines and Mining Industries Development and Renovation Organisation) has sought remaining funds required by Mar’19 for the completion of the first graphite electrodes plant in the country.
News ID: 3857 Publish Date : 2019/03/06
Posco, South Korea’s top steelmaker by sales, inked a memorandum of understanding with US-based conglomerate GE to develop a hybrid smart factory platform aimed at heightening efficiency of steel mills, the company said Tuesday.
News ID: 1938 Publish Date : 2018/02/13
GE has announced that it has entered into an agreement with the Powering Australian Renewables Fund to both supply and install 123 wind turbines for what is set to be Australia's largest wind farm.
News ID: 1199 Publish Date : 2017/08/19