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INFOGRAPH: China's electrode price up on fundamentals

ABSTRACT

China's graphite electrode prices have been back onto an uptrend since late September mainly on the support of fundamentals with production curbs on electrode producers due to local power shortage and better demand from the domestic electric-arc-furnace (EAF) steelmakers on the other hand.
As of October 20, Mysteel's benchmark price of the 600mm ultra-high-power (UHP) grade electrodes in East China's Jiangsu had increased by Yuan 2,500/tonne ($391/t) on month to Yuan 24,000/t and including the 13% VAT, or reaching a two-month high, according to the database.   Source: Mysteel   Due to the power supply shortage in

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