22
Aug
10:48
Indian electrode producers profit, needle coke shortages concern
India’s graphite electrode producers posted a mammoth jump in earnings in the first fiscal quarter through June (FQ1) but both have highlighted needle coke shortages limiting electrode capacity utilisation.
Largest producer Graphite India says graphite electrode demand and prices are being pushed to hitherto-unseen highs by two main factors. New electric arc furnaces are starting to come on line in China to replace outdated blast furnaces. Chines…
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Anonymous
Very good overview of the weekly steel market.
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