Rising demand drives price hike as low-stock mills seek volume

China’s graphite electrode prices ticked up in the fortnight to Wednesday February 16 on needle coke prices that have risen continuously over the past couple of months, as well as high graphitization costs due to restrained capacity with competition from the anode sector, market sources have said

Definitive anti-dumping duties imposed by the European Commission (EC) on China-origin graphite electrodes could lead to a shift in patterns of demand. But the outlook will probably remain uncertain until the final duties are decided in April this year, sources said

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China’s decarbonization drive could result in increased demand for graphite electrodes amid the global trend toward more steelmaking based on electric-arc furnaces (EAFs), although supply risks may continue in the near term against a backdrop of energy controls, sources have told Fastmarkets