The reduction of graphite electrode price

HP Graphite Electrode
HP Graphite Electrode
Reasons of price reduction of HP graphite electrode are mainly consisted of the following three aspects:
Firstly, downstream demands: Recently most downstream steel plants implement staggering peak production. At the same time, steel plants have previous stock. Therefore, current weakening demand alleviates the serious relationship between supplying and demanding.
Secondly, production: Capacity utilization of enterprises has improved, production capacity began to release.
Thirdly, raw material: The market price of petroleum coke, which is one of the main raw materials of graphite electrode, is much loosened, which greatly reduces the production cost of refractory suppliers graphite electrode.

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http://www.ruizhirefractory.com/en/new/price-reduction-of-graphite-electrode.html
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