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19 Dec
13:41

Cognor acquires electrode, ferroalloy supplier

Cognor has acquired Czech graphite electrode producer JAP Industries and its dedicated logistics provider Spedex for a combined CZK 280 million ($12.2m). JAP Industries produces electrodes from imported feedstock, as well as trading in ferroalloys. The products are both key input materials for electric arc furnace-based steelmaking, which Cognor employs. JAP is a long-standing supplier of Cognor, which had a circa 15% share in JAP's overall sales in eac…
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