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13 Aug
13:57

Slow destocking hampers electrodes demand, says Graphite India

Graphite electrode producers may benefit in the short term from reduced Chinese exports allowing electric arc furnaces in other regions to boost output, but electrode demand and realisations remain under pressure. So says Graphite India (GIL). Needle coke prices are expected to soften further as they are still not aligned with electrode prices. Demand for graphite electrodes is expected to remain subdued in the near term due to lower steel production and destockin…
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