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23 Apr
13:10

Increased steel demand, EAF output seen supporting electrodes

Robust demand for graphite electrodes will continue due to the increasing share in steelmaking of environmentally-friendlier electric arc furnaces, as well as overall steel demand growth, says India Ratings & Research (Ind-Ra). Electrodes prices rose in the second half of 2017 thanks to increased EAF-route steel production, supported by China’s steel capacity realisation. China’s steel exports declined to 70 million tonnes in 2017 from 110mt the …
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