The competitive landscape of the graphite electrode industry

As for the specific sub category products of graphite electrodes, there is differentiation in the industry market competition. Due to the high requirements for ultra-high power graphite electrode technology, industry leading enterprises with corresponding technological strength have further increased their market share of ultra-high power products by releasing production capacity. In terms of ordinary power and high-power graphite electrodes with lower technical requirements for enterprises, small and medium-sized enterprises with weaker technological strength have re entered the market and expanded production, leading to gradually intensified market competition.

The graphite electrode industry is mainly constrained by energy-saving and environmental protection factors, as well as regulated, regulated, and guided by relevant policies and regulations. Affected by policies, graphite electrode manufacturers who fail to meet environmental requirements must shut down their production facilities. This will be beneficial for graphite electrode leading manufacturers with environmentally friendly production processes and the ability to manufacture high-quality graphite electrodes, helping them further increase market share and enhance market competitiveness.

3. Development Trends of Graphite Electrode Industry

(1) Increase in the proportion of large-sized ultra-high power graphite electrodes

The steelmaking capacity of an electric furnace depends on its capacity and power. The larger the capacity of the electric furnace, the higher the requirement for its power. The higher the capacity and power of the electric furnace, the higher the steel production efficiency of the electric furnace. When the capacity and power of the electric furnace increase, it also puts forward higher requirements for the maximum allowable current of the graphite electrode used in the electric furnace, and the maximum allowable current of the graphite electrode directly depends on the diameter specification of the graphite electrode. With the increasing number of large capacity and ultra-high power electric furnaces with higher steelmaking efficiency and relatively lower steelmaking costs, the demand for matching large-sized graphite electrodes will continue to increase.

(2) The competitiveness of domestic graphite electrodes has improved, and the export volume continues to rise

Thanks to the improvement of industry technology, Chinese graphite electrode products have gradually been recognized and accepted by overseas customers, and the overseas sales revenue of Chinese graphite electrode enterprises has increased significantly. With the continuous improvement of the technological level and product competitiveness of China’s graphite electrode industry, Chinese graphite electrodes will be increasingly recognized and trusted by overseas customers. The export volume of graphite electrodes is expected to further increase, becoming a key factor in driving the digestion of China’s graphite electrode production.