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09 Aug
16:45

Graphite electrode producer expects 2018 earnings surge

The surge in graphite electrode prices over the last 12 months has caused much consternation within the electrically-melted steel sector worldwide. Prices at one stage saw a ten-fold year-on-year increase for steelmakers as product availability fell rapidly. The latest set of financials from Japanese electrode producer, chemical company Showa Denko (SDK) shows however the dramatic effects of the increase on the other side of the fence. SDK has revised its financ…
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