Graphite electrode market

By:Win Jan 28, 2021
As of January 2021, graphite electrode price is around 2000~3000 USD/ton, which is at the normal market price level. Some specifications may be out of stock and the price will rise slightly. However, the delivery time has been arranged after March 2021, the price will increase then.

Graphite electrode market

80% of graphite electrodes are mainly applied in steelmaking, so the steel industry market has a great influence on the demand for graphite electrodes. As the demand for graphite electrodes reached its highest point in 2018, many enterprises overinvested and increased production capacity in 2019, leading to the decrease of graphite electrode price. In 2020, the industry mainly destocks.
2018~2020 global new electric arc furnace production capacity:
2018~2020 global new electric arc furnace production capacity
2018~2020 global demand for new UHP graphite electrodes (10,000 tons):
2018~2020 global demand for new UHP graphite electrodes (10,000 tons)
Graphite electrode demand
2020~2025 expected graphite electrode demand of RP, HP and UHP
 Graphite electrode demand