MONTHLY: China UHP graphite electrode prices to stay stable in October

After rising steadily during the previous two months, Chinese prices for ultra-high-power (UHP) graphite are seen stabilizing in October, Mysteel's recent report on the market predicts, citing the cost support provided by firm prices of raw materials, plus weakening electrode demand from steelmakers.

As of October 13, the price of 350mm diameter UHP graphite electrodes in East China's Jiangsu stood at Yuan 15,000/tonne ($2,108/t), unchanged from the end of September, while that of 600mm diameter electrodes in Jiangsu also remained flat during the past two weeks at Yuan 16,700/t, both excluding the