China’s aggressive environmental protection campaign has tightened supplies of the graphite electrode. Nearly 300,000 tonnes of graphite electrode manufacturing capacity has been shut since the second half of 2016, creating a global shortage and lifting prices by over 300% since January 2017.
Presently prevailing volatility has made the market fairly unpredictable leaving trade participants exposed to the possibility of violent fluctuations. Experts from the world over have been minutely following updates in the industry to foresee even the slightest variations that could disturb up the delicate trade balance.
SteelMint’s one day Global Graphite Electrode Conference will address the future demand/supply scenario of Graphite Electrode in 2018, in the context of sky-rocketing prices in the last year, uncertainties surrounding needle coke supply, how China will regulate the global markets, and an assessment of the challenges faced by the Indian buyers.
February 19, 2018
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