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A NEW ROUND OF PRICE INCREASE IS COMING

2018-01-03 00:05

Recently, the price of Graphite electrode continues to rise and the supply is still in serious shortage. Affected by the environment protection requirement of heating season in China, the production of some GE manufacturers are required to be limited, some baking and Graphitization process are stopped, the total GE production shrank seriously, and the domestic steel plants replenish their stock to centralized purchase the graphite electrode before Chinese spring festival (the middle of Feb.) make the serious supply shortage and price increased to nearly the highest point in the history. Once the heating season end, then the stopped and limited manufacturer could recover their production gradually, so the GE price will be increasing continuously and maintain at very high level at least till May to June of 2018.