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24 Oct
15:24

Electrode prices seen growing further, inputs a concern

Graphite India says graphite electrode prices are likely to continue growing in the coming quarters, but there is concern over increased prices and reduced availability of major input materials for electrodes production. This comes as the firm’s revenue surged 36% on-year in the second fiscal quarter through September (FQ2) to INR 46,190 lakhs ($70.9 million). Total comprehensive income soared 470% to 8,947 lakhs. The performance was boosted by increased s…
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