GRAPHITE ELECTRODE PRICE – RELY ON MARKET DEMAND & RAW MATERIAL SUPPLY
Graphite electrodes are mainly made of petroleum coke, needle coke and coal pitch through calcining, batching, kneading, forming, baking, graphitizing and machining. Graphite electrode is a conductor which releases electric energy in the form of arc in the furnace to heat and melt the charge. The following are the main factors that affect the price fluctuation of graphite electrodes. Steel products 1. THE INCREASING DEMAND OF HIGH-QUALITY STEEL This is one of the main factors propelling the market growth of graphite electrodes. The rapid development of steel industries such as construction, automobile, infrastructure, aerospace and national defense has led to an increase in steel demand and production. Steelmaking by electric arc furnace 2. ELECTRIC ARC FURNACE IS THE TREND OF THE TIMES Affected by environmental protection and high production flexibility, the steel-making process in developing countries is changing from blast furnace and ladle fu...