graphite electrodes for eaf
The price growth of graphite electrodes for eaf has its inevitability. Today, I will briefly introduce you to what I know:
Just like in the past few years, the Chinese graphite electrodes for eaf market has not only been severely hit, overseas graphite electrodes for eaf companies are also facing a harsh operating environment and reduced production capacity. For example, SGL Group closed factories in Italy, Spain and Canada, and signed a sales agreement with Showa in November 2016.
However, global steel production has not dropped significantly in recent years. In 2016, global crude steel production was 16285 million tons, an increase of 0.8% over the same period last year. Globally, regions where crude steel production has increased include Europe, the Americas, and Africa; those with recorded declines include the CIS, the Middle East, Asia, and Oceania. The overseas HPgraphite electrodes for eaf market will also face supply shortages.
It is not difficult to understand why its price has risen so fast.