07
Mar
15:12
TMK procures 40% of electrode requirement from Energoprom
Russia's TMK has signed a long-term agreement to procure graphite electrodes from Energoprom over 2018-2022. The deal will provide 40% of TMK’s annual electrodes requirement and is based on formula pricing. Deliveries will be made from the Novocherkassk electrode plant.
Energoprom has four electrodes plants in Russia and is the only domestic producer. In 2017 the firm had a 50% share of the Russian market for RP, HP and SHP electrodes, and 35% share fo…
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Very good overview of the weekly steel market.
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