Rise in high power graphite electrode price inevitable
★ Overseas HP Graphite electrode production capacity is dwindling. Not only did China's graphite electrode market took a severe hit in recent years, overseas graphite electrode enterprises were also confronted with harsh environment in operationand decline in production capacity. For instance, SGL Group shut down plants inItaly, Spain and Canada, and signed an sales agreement with Showa in November2016. However, global steel output didn't show substantial drop in recentyears. In 2016, global crude steel output is 1.6285 billion tons, up 0.8% froma year earlier. Across the globe, regions that registered growth in crude steeloutput include Europe, America and Africa; those recorded decline include CIS,the Middle East, Asia and Oceania. Overseas HP graphite electrode market will facesupply shortages as well. In this context, ICCNews has reached out to and gathered information from major graphite electrode manufactures at home and abroad. ★ One manager from...