MONTHLY: China UHP graphite electrode prices to soften further in May

Source: Mysteel May 07, 2025 16:45

After falling rapidly during the past two months, Chinese prices for ultra-high-power (UHP) graphite electrodes will probably continue to slide this month, caused by declining demand and weak cost support, according to Mysteel's recent report on the market.

As of April 30, the composite price of 350mm diameter UHP graphite electrodes in East China's Jiangsu province under Mysteel's assessment had dropped by 6.5% on month to Yuan 14,500/tonne ($2,009/t), while that for 600mm electrodes had fallen by 5.7% from end-March to Yuan 16,500/t, both excluding the 13%