MONTHLY: China UHP graphite electrode prices seen recovering

After falling steadily for three months straight, Chinese prices of ultra-high-power graphite electrodes stabilized in June and are expected to nudge higher this month, driven by tightening supply and higher raw material prices, according to Mysteel's recent report on the electrode market.

As of July 9, the composite price of 350mm diameter UHP graphite electrodes in East China's Jiangsu province was assessed by Mysteel at Yuan 14,000/tonne ($1,950/t), higher by 3.7% from a month earlier, while that of 600mm electrodes had increased by 1.9% on month to Yuan 16,000/t, both excluding