Growth prospects for Graphite Electrodes Consumption

Growth prospects for Graphite Electrodes Consumption

With decarbonisation becoming the key theme in the global steel industry, the graphite electrode (GE) market is projected to grow at a CAGR of 6-7% till 2025. However, rapid surge in GE prices has emerged as a major concern.

Key Points of Discussion:

  • China EAF capacity growth to boost GE market
  • How could steel production curbs in China in CY’22 impact the market?
  • Asia Pacific driving the surge in global consumption
  • Export outlook for Indian producers
  • High needle coke and energy prices pushing GE prices higher