Graphite electrode prices have continued to rebound recently, with a cumulative increase of nearly 15% since September.
The price adjustment of the graphite electrode market is mainly supported by rising raw material prices. In addition, the current downstream demand is relatively stable. Some steel mills have stocked graphite electrodes in the early stage, and new orders in the market are relatively small. It is expected that the graphite electrode market will remain stable in the later stage. In addition, the Scrap Steel Application Association previously stated that the policy of liberalizing the import and export of scrap steel is expected to be introduced, which will also increase the demand for graphite electrodes in the future.

It is learned from the industry that due to the price increase of raw materials such as petroleum coke needle coke pitch, the price of graphite electrodes began to be adjusted last week, with an increase ranging from 1,000 to 2,000 yuan/ton.