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Japan: Tokai Carbon's Graphite Electrode 2019 Sales dip 11%

According to the financial results published by Tokai Carbon, while the company’s performance in terms of consolidated sales have improved y-o-y basis, its sales from graphite electrodes segment have registered a fall of 10.5% year-on-year basis in 2019.
Tokai Carbon’s consolidated net sales (includes Graphite electrodes, Carbon Black and Fine Carbon) have been recorded at 262.03 million yen against 231.3 yen in previous year. Whereas the GE business sales decreased 10.5% y-o-y to 91,317 million yen. According to the company’s management, while the GE sales prices increased in 2019 y-o-y basis amid the global tightening

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