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10 Aug
11:54

Graphite India sees electrode demand growth driving revenue

Graphite electrode prices are firming along with the recent steel price recovery, and increasing electrode demand growth is expected to drive revenue growth in the near term, says Graphite India. The Indian producer of carbon and graphite products saw a strong order-book and 43% on-year increase in shipments help boost Ebitda margin. This rose by almost 6 percentage points to 16.1% in the first fiscal quarter through June (FQ1). Capacity utilisation soared to 95…
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