graphite electrode export prices india fob dollars per tonne
Graphite Electrode Export Prices in India
Steelmaking Electrode Prices
Steelmaking Input Costs - Electrodes - Historic Price Trends
Electrode export prices, $ / tonne
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The table is updated regularly with respect to Indian export data.
Table last updated: 26th June. Next update: ~ 26th September.
Notes and Definitions
1) The figures listed represent average monthly FOB export prices [not spot prices] applicable to steelmaking electrodes shipped from India, with all prices stated in US dollars per metric tonne.
2) The price data corresponds to harmonized system code # that pertains to carbon or graphite electrodes designated for use in furnaces.
3) Please note that the most recent price points may experience fluctuations, particularly for the final one or two months, as more customs data is made accessible.
Needle coke, sourced from petroleum or coal tar, serves as the primary raw material for crafting ultra-high power (UHP) graphite electrodes. The demand for needle coke is not just confined to electrode production; it is also gaining traction in lithium-ion battery manufacturing for mobile devices and electric vehicles. The recent surge in demand for needle coke—prompted by its applications in emerging technologies, along with the shutdown of numerous graphite electrode production facilities in China for environmental considerations—has led to a significant reduction in graphite electrode availability for electric steelmaking during late 2021 and early 2022.
Prominent global suppliers of graphite electrodes encompass GrafTech International of Ohio, USA; Graphite India, based in Bengal; Showa Denko Carbon from South Carolina, USA; and Nippon Carbon, located in Chuo-ku, Tokyo, Japan. Additional notable manufacturers include HEG from Delhi, India, and Tokai Carbon from Tokyo, Japan.
Global Graphite Electrode Market Overview
Definition and Market Segmentation
A graphite electrode is constructed from graphite, which is a form of carbon. It plays a crucial role in several industrial applications, primarily in electric arc furnaces (EAFs) utilized in steelmaking. The electrodes are engineered to conduct electricity and generate substantial heat via an electric arc, which melts the raw materials, facilitating the steel and metal production process.Graphite electrodes fall into primary grades such as ultra-high power (UHP), high power (SHP), and regular power (RP). UHP graphite electrodes exhibit the highest levels of electrical conductivity, thermal resistance, and mechanical strength compared to other types. The manufacturing involves premium-grade raw materials and sophisticated processing methodologies. UHP electrodes are mainly deployed in high-power applications, including electric arc furnaces for steelmaking and other specialized processes demanding high melting rates and current densities.
This report segments the graphite electrode market as follows:
- By Electrode Grade: Ultra High Power (UHP), High Power (SHP), Regular Power (RP)
- By Application: Steel Manufacturing, Silicon Metal Manufacturing, Steel Refining, Smelting Processes, Ferroalloy Production, Non-Ferrous Metals Production, Lithium-Ion Batteries, among other uses
- By End-Use Industry: Automotive, Appliances, Construction, Machinery, Transportation, Aerospace and Defense, Oil and Refinery, among others
The graphite electrode market value has seen substantial growth in recent years, projected to rise from $8.01 billion in 2021 to $8.65 billion in 2023, surging at a compound annual growth rate (CAGR) of 8.0%. Contributing factors include an increase in raw material availability, growth in the steel industry, global infrastructure projects, the transition to electric arc furnace steelmaking, and fluctuations in graphite prices.
Looking ahead, the market size is anticipated to reach $11.5 billion by 2027, continuing at a CAGR of 7.4%. This upcoming growth trajectory can be attributed to geopolitical influences, trade policies, tighter environmental regulations, the necessity for supply chain resilience, a prevailing shift towards electric arc furnace steelmaking, and infrastructural initiatives.
If you seek further insights into graphite electrode prices, please do not hesitate to reach out!
Prominent graphite electrode producers include Resonac Holdings Corporation, IBIDEN Co. Ltd., Tokai Carbon Co. Ltd., GrafTech International Holdings Inc., SGL Carbon SE, Mersen SA, Fangda Carbon New Material Co. Ltd., Beijing Great Wall Co. Ltd., Graphite India Limited, Toyo Tanso Co. Ltd., HEG Limited, Asbury Graphite Mills Inc., Nippon Carbon Co. Ltd., SEC Carbon Ltd., EPM Group S.A.
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