MONTHLY: China UHP graphite electrode prices to hold steady in February

After moving downward for two months straight, Chinese prices for ultra-high-power (UHP) graphite electrodes are expected to stay stable in February as both supply and demand will likely shrink around the Chinese New Year (CNY) holiday this month, Mysteel's recent report on the market predicts.

As of the end of January, the price of 350mm diameter UHP electrodes in East China's Jiangsu province stood at Yuan 14,700/tonne ($2,119/t), lower by 1.3% from a month earlier, while that for 600mm diameter electrodes in the province had fallen 1.8% on month to Yuan 16,200/t, both excluding