Steel prices plunge, will electrodes hold up?
ICC: As the high temperature and heavy rain weather further restrict downstream demand for steel, coupled with the Federal Reserve rate hike more than expected [ Detail ]
In terms of exports, the export of oil-based needle coke is the main source. The total export volume in 2019 is 35,000 tons, which is mainly exported to India, Russia, Japan and other countries, of which Russia's exports account for 90%.
ICC News: Current Status and Trends of China's N Graphite Electrode,Electric Furnace Steelmaking and Lithium Ion batteries market，Development Status and Demand Analysis of China's Needle Coke Industry in 2019 Overall overview of China's needle coke mark
In terms of import and export, according to customs statistics, in November 2019, domestic flake graphite imports fell sharply to about 11 million tons, a decrease of 44.76% from October. It is expected that flake graphite imports will continue to decline
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