09
May
15:11
China EAF shift seen keeping electrodes prices elevated
China’s shift to electric arc furnace-based steelmaking is likely to sustain high graphite electrodes prices in the medium term, with new electrode supply not coming on line fast enough to keep pace with demand. This is according to Mark Shujun Ma, chairman and chief executive of Chinese electrodes manufacturer CIMM Group.
Following years of good profit, the owners of induction furnaces forced to close last year in China have substantial capital and steel …
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Anonymous
Very good overview of the weekly steel market.
Anonymous