electrode graphite uhp

What are the reasons for the price increase of CGM electrode graphite uhp?

Since the beginning of this year, the price of electrode graphite uhp has remained high, the highest in August has reached 190,000 yuan/ton.

Electrode graphite uhp mainly uses petroleum coke and needle coke as raw materials, coal tar pitch as a binder, and is made by calcination, batching, kneading, pressing, roasting, graphitization, and machining. It is mainly used in electric arc steelmaking furnaces and mines. For thermoelectric furnaces, resistance furnaces, etc., electrode graphite uhp for steelmaking accounts for about 70% to 80% of the total amount of electrode graphite uhp.

From 2 yuan/ton at the beginning of the year to the current price increase of nearly 10 times of 190,000 yuan/ton, what are the reasons for the price increase of electrode graphite uhp?

Affected by environmental supervision, some electrode graphite uhp manufacturers are in a state of discontinuation, resulting in a decrease in the production volume of electrode graphite uhp.

With the structural reforms on the supply side, the steel industry continues to pick up, driving the demand for electrode graphite uhp to increase.

The production cycle of electrode graphite uhp is long, at least 4 months, and the stock preparation time is about half a year. The supply is less than demand, which leads to the rising price of electrode graphite uhp in the short term.