Graphite electrode prices rely on market demand

This is one of the main factors propelling the market growth of graphite electrodes. The rapid development of steel industries such as construction, automobile, infrastructure, aerospace and national defense has led to an increase in steel demand and production.

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Graphite electrode prices rely on market demand

Graphite electrodes are the main energy source for electric furnace steel consumption, and as much as 70% graphite electrodes are used in electric arc furnace steel making.