China decarbonization could create graphite electrode shortage amid more EAF steelmaking

By IM Staff
Published: Tuesday, 09 November 2021

China’s decarbonization drive could result in increased demand for graphite electrodes amid the global trend toward more steelmaking based on electric-arc furnaces (EAFs), although supply risks may continue in the near term against a backdrop of energy controls, sources have told Fastmarkets.

"[Increased] EAF [usage] could be a general trend for steelmaking in China, [because this] is what national policies have been encouraging," a graphite electrode producer said. "With more EAF usage, graphite electrode demand is bound to increase."

Graphite electrodes act as a conductor for the large electrical currents which are...

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