Graphite electrodes are made from petroleum coke and needle coke as raw materials, coal tar pitch as a binder, and are manufactured through programs such as calcination, batching, kneading, pressing, calcination, graphitization, and machining. The downstream of graphite electrodes mainly includes electric arc furnace steelmaking, yellow phosphorus industry, abrasives, and industrial silicon, among which electric arc furnace steelmaking accounts for more than half of the demand for graphite electrodes. So, what are the concept stocks of graphite electrodes? Let’s take a look.
Recently, the domestic graphite electrode market has shown a state of both supply and demand. However, due to the rapid decline in graphite electrode prices in the early stage, although prices have rebounded rapidly recently, downstream procurement is relatively rational. According to graphite electrode companies, apart from steel mills in Fujian maintaining inventory for two months, domestic large and medium-sized steel mills have basically completed pre holiday stocking for this wave of procurement.
With the replenishment of steel plant inventory and the early stocking of steel plants before the end of the heating season in the northern region, it will once again lead to concentrated procurement of demand. At that time, with the insufficient supply of graphite electrode spot inventory, the market price of graphite electrodes is expected to experience another wave of adjustment.
Post time: 3月-20-2024
