graphite electrode export prices india fob dollars per tonne
graphite electrode export prices india fob dollars per tonne
Steelmaking Electrode Prices.
Steelmaking input costs - electrodes - historic price trends
Electrode export prices, $ /
metric
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tonne YearMonthIndian exportsTable last updated: 26th June . Next update: ~ 26th September .
Notes and definitions
1) Figures above are average monthly fob export [not spot prices] for steelmaking electrodes shipped from India. All prices are expressed in US dollars per metric tonne.
2) The price data is for harmonised system code # which is defined as carbon or graphite electrodes of a kind used for furnaces.
3) Note that latest price points (the last one or two months in particular) may change, as additional customs data becomes available.
Needle coke (produced from petroleum or coal tar) is the major raw material used in the manufacture of ultra-high power (UHP) graphite electrodes. Needle coke is increasingly also used to make lithium-ion batteries for mobile phones and electric vehicles. It is the growth in the demand for needle coke for these newer applications - as well as closure (for environmental reasons) of much graphite electrode production capacity in China during - that markedly tightened the availability of graphite electrodes for electric steelmaking in late / early .
Leading world suppliers of graphite electrodes include GrafTech International, Ohio, USA; Graphite India, headquartered in Bengal; Showa Denko Carbon, headquartered in Ridgeville, South Carolina, USA; and Nippon Carbon, which has its HQ Chuo-ku, Tokyo, Japan. Other noteworthy producers also incude HEG based in Delki India; and Tokai Carbon who are located in Tokyo, Japan.
Global Graphite Electrode Market Report
Graphite Electrode Market Definition And Segments
A graphite electrode is a type of electrode made from graphite, a form of carbon. It is used in various industrial applications, primarily in electric arc furnaces (EAFs) for steelmaking. Graphite electrodes are designed to conduct electricity and generate high levels of heat through an electric arc, which melts raw materials and facilitates the production of steel and other metals.
The main electrode grades of graphite electrodes are ultra-high power (UHP), high power (SHP), and regular power (RP). Ultra-high power (UHP) graphite electrodes have the highest level of electrical conductivity, thermal resistance, and mechanical strength among the three grades of electrodes. They are manufactured using premium quality raw materials and advanced processing techniques. UHP electrodes are primarily used in high-power applications, such as electric arc furnaces (EAFs) for steelmaking and other specialized industrial processes that require high melting rates, high current densities, and intense heat generation. It is used in applications such as steel manufacturing, silicon metal manufacturing, steel refining, smelting processes, ferroalloy production, non-ferrous metals production, lithium-ion batteries production, and others by various industries such as automotive, appliances, construction, machinery, transportation, aerospace and defense, oil and refinery, and others.
The graphite electrode market covered in this report is segmented
1) By Electrode Grade: Ultra High Power (UHP), High Power (SHP), Regular Power (RP)
2) By Application: Steel Manufacturing, Silicon Metal Manufacturing, Steel Refining, Smelting Processes, Ferroalloy Production, Non Ferrous Metals Production, Lithium Ion Batteries Production, Other Applications
3) By End Use Industry: Automotive, Appliances, Construction, Machinery, Transportation, Aerospace And Defense, Oil And Refinery, Other End Users
The graphite electrode market size has grown strongly in recent years. It will grow from $8.01 billion in to $8.65 billion in at a compound annual growth rate (CAGR) of 8.0%. The growth in the historic period can be attributed to growth in raw material availability, steel industry growth, global infrastructure development, shift towards electric arc furnace (eaf) steelmaking, fluctuations in graphite prices.
The graphite electrode market size is expected to see strong growth in the next few years. It will grow to $11.5 billion in at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to geopolitical factors and trade policies, stricter environmental regulations, supply chain resilience and localization, continued shift to eaf steelmaking, infrastructure and construction projects. Major trends in the forecast period include shift towards long-term contracts, market consolidation and strategic partnerships, diversification in end-use industries, growing importance of recycling.
The Surge In Demand For High-Quality Steel Fuels Graphite Electrodes Market
The rising demand for high-quality steel is expected to propel the growth of the graphite electrodes market going forward. High-quality steel refers to steel that meets stringent standards in terms of its composition, physical properties, and performance. It is made from carefully selected raw materials, undergoes advanced manufacturing processes to remove impurities, and is often alloyed with elements to enhance its properties. Graphite electrodes are essential components in electric arc furnaces (EAFs) used for steel production. EAFs are widely used in steel production, especially to produce specialty and high-quality steels. For instance, in April , according to World Steel Association, a Belgium-based trade association, , steel demand is predicted to rebound by 2.3% reaching a total of 1,822.3 million metric tons (Mt). The forecast for indicates further growth of 1.7% in steel demand, with a projected total of 1,854.0 million metric tons (Mt). Therefore, the rising demand for high-quality steel is driving the growth of the graphite electrodes market.
Graphite Electrodes Market Surges With The Rise Of Electric Vehicles
The increasing use of electric vehicles (EVs) is expected to propel the growth of the graphite electrodes market going forward. Electric vehicles (EVs) are automobiles that use electric power as their primary source of energy for propulsion. Graphite electrodes is used in lithium-ion batteries, which are the heart of electric vehicles (EVs) to efficiently store lithium ions during charging and generate the electrical current to power the EV. For instance, in July , according to the International Energy Agency, a France-based international organization, the electric car market is experiencing remarkable expansion, with sales surpassing 10 million in . The market share for electric cars has tripled over a span of three years, rising from 4% in to 14% in . Moreover, electric vehicle (EV) sales in China rose from 3.3 million in to 6 million in , while in Europe, EV sales increased from 2.3 million in to 2.7 million in . In the United States, EV sales climbed from 0.6 million in to 1 million in . Therefore, the increasing use of electric vehicles (EVs) is driving the growth of the graphite electrodes market.
Major companies operating in the graphite electrode market report are 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., Beijing Great Wall Co. Ltd., Kaifeng Carbon Co. Ltd., Weaver Industries Inc., SANGRAF International, Ameri-Source Specialty Products, Mercer Gasket and Shim, Nantong Yangzi Carbon Co. Ltd., Coidan Graphite Products Ltd., Dan Carbon, Ukrainskiy Grafit, Kaifeng Pingmei New Carbon Materials Technology Co. Ltd.
Technological Wave Reshaping Graphite Electrodes Industry
Technological advancements are a key trend gaining popularity in the graphite electrodes market. Companies operating in the graphite electrode market are adopting recent technologies to sustain their position in the market. For instance, in March , Battrion AG, a Switzerland-based battery technology company, along with its partner Jagenberg Converting Solution GmbH, a Germany-based machine and equipment manufacturer unveiled Battrions Aligned Graphite Technology for the lithium-ion battery. Aligned Graphite Technology is an innovative fabrication technology for lithium-ion batteries. It improves the microstructure of negative electrodes, resulting in enhanced battery performance and faster charging capabilities. The technology lowers cell resistance, leading to more efficient charge and discharge processes. It offers cost savings in battery production and is compatible with standard graphite materials, requiring no modifications to existing manufacturing processes. The performance benefits have been validated by leading automotive OEMs and cell manufacturers. Aligned Graphite Technology has the potential to revolutionize the EV and high-power battery industry by improving energy storage and optimizing battery manufacturing.
Advanced Stereo Electroencephalography Products In The Graphite Electrodes Market
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Major companies operating in the graphite electrodes market are focusing towards developing innovative solutions such as stereo electroencephalography (sEEG) electrodes. sEEG electrodes are specialized electrodes used in the context of stereo electroencephalography procedures. Stereo electroencephalography is a neurosurgical technique that involves the placement of depth electrodes into specific regions of the brain to record electrical activity. For instance, in May , NeuroOne Medical Technologies Corporation, a US-based medical device company, announced the launch of Evo sEEG electrode product line. The Evo sEEG electrode technology provides comprehensive solutions for stereo electroencephalography recording and brain stimulation. Additionally, it holds potential for future applications in spinal cord stimulation and ablation. These advancements target patients dealing with epilepsy, chronic back pain, and Parkinson disease.
Cognor Holdings Strategic Move Of Expanding Steel Production With Jap Industries And Spedex Acquisition
In December , Cognor Holding, a Poland-based steel production company acquired JAP Industries and Spedex for approximately $12.2 million. With this acquisition, Cognor looks forward to strengthening its steel production capabilities by avoiding raw material procurement delays. JAP Industries is a Czech-based graphite electrodes manufacturer and Spedex is Czech-based logistics provider company.
Asia-Pacific was the largest region in the graphite electrodes market in and it is expected to be the fastest-growing region in the forecast period. The regions covered in the graphite electrode market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the graphite electrode market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The graphite electrodes market consists of sales of electrode carbon paste, electrode holders, and others. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The graphite electrodes market research report is one of a series of new reports from The Business Research Company that provides graphite electrodes market statistics, including the graphite electrodes industrys global market size, regional shares, competitors with a graphite electrodes market share, detailed graphite electrodes market segments, market trends, and opportunities, and any further data you may need to thrive in the graphite electrodes industry. This graphite electrodes market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
Graphite Electrode Market Report Scope
Report AttributeDetails Market Size Value In$8.65 billion
Revenue Forecast In$11.5 billion
Growth RateCAGR of 7.4% from to
Base Year For Estimation Actual Estimates/Historical Data-
Forecast Period- -
Market RepresentationRevenue in USD Billion and CAGR from to
Segments Covered1) By Electrode Grade: Ultra High Power (UHP), High Power (SHP), Regular Power (RP)
2) By Application: Steel Manufacturing, Silicon Metal Manufacturing, Steel Refining, Smelting Processes, Ferroalloy Production, Non Ferrous Metals Production, Lithium Ion Batteries Production, Other Applications
3) By End Use Industry: Automotive, Appliances, Construction, Machinery, Transportation, Aerospace And Defense, Oil And Refinery, Other End Users
Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country ScopeThe countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
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.; Beijing Great Wall Co. Ltd.; Kaifeng Carbon Co. Ltd.; Weaver Industries Inc.; SANGRAF International; Ameri-Source Specialty Products; Mercer Gasket and Shim; Nantong Yangzi Carbon Co. Ltd.; Coidan Graphite Products Ltd; Dan Carbon; Ukrainskiy Grafit; Kaifeng Pingmei New Carbon Materials Technology Co. Ltd.
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