INDUSTRY NEWS | Graphite & Carbon | graphitecarbon.ru

In Q1, the import of graphite electrodes in Russia continued to grow

In Q1, the import of graphite electrodes in Russia continued to grow 15 June 20 Although the consumption lacked positive momentum, the import of graphite electrodes in the first quarter still increased significantly. At the same time, major changes have taken place in the supply structure, in particular Japanese suppliers have been completely driven out of the market… Full news …

Read More

Happy Russia Day!

Russia Day (Russian: День России, Den’ Rossii) called Day of adoption of the declaration of state sovereignty of RSFSR (Russian: День принятия Декларации о государственном суверенитете РСФСР, Den’ prinyatia Declaratsii o gosudarstvennom suvernitete RSFSR) before 2002, is the national holiday of the Russian Federation. It has been celebrated annually on 12 June since 1992. It is the successor to October …

Read More

Metal Expert: Chinese GE prices slump to pre-2017 level

Chinese graphite electrode prices slumped in May due to extremely slow demand abroad and not enough support from local steelmakers. As a result, profitability also plunged, making some plants slash the utilization rates. The main benchmark price (for UHP 600) fell by $800-900/t over the month to $2,200-2,500/t EXW (similar to FOB level). Even the major producer with premium quality …

Read More

From January to April, the total export volume of oil-based needle coke was 86,600 tons, a year-on-year decrease of 50.79%

From January to April 2020, China’s total needle coke output totaled 140,000 tons (60,000 tons of coal-based and 80,000 tons of oil-based). Import and export: In terms of needle coke imports, the total coal-based needle coke imports from January to April were 17,800 tons, down 23.8% year-on-year; the total imports from oil-based needle coke from January to April were 23,900 …

Read More

EPM Group launched a modern direct heating graphitization furnace

Moscow, May 19, 2020: EPM Group launched a modern direct heating graphitization furnace at the EPM-Novocherkassk electrode plant. The cost of building the furnace amounted to 45 million rubles. The new equipment possesses improved technical parameters, high energy efficiency and environmental safety. The furnace will increase the output of 610 mm- electrodes by 280 tons per month. “Despite the processes taking …

Read More

European steel market still in uncertainty

It was reported that European producers and traders have resumed activities in the past few weeks but they still struggled because the order volume was about half of normal. Tommaso Sandrini, president of Assofermet Acciai, said that the order situation in Europe was worrying since the recovery in the automobile manufacturing industry and other steel consumer industries were very slow. …

Read More

Xi inspects Shanxi’s capital city Taiyuan

TAIYUAN, May 12 (Xinhua) — Xi Jinping, general secretary of the Communist Party of China Central Committee, on Tuesday inspected Taiyuan, capital city of north China’s Shanxi Province. During the inspection, Xi learned about transformation and upgrading of the traditional manufacturing industry, work and production resumption of enterprises, ecological and environmental protection, and pollution prevention and control. Source: Xinhua

Read More

Baosteel conducts yuan-denominated deal with Rio Tinto

SHANGHAI, May 12 (Xinhua) — Baoshan Iron & Steel Co., Ltd., known as Baosteel, on Tuesday said it has recently made its first yuan-denominated iron ore purchase worth over 100 million yuan (about 14.1 million U.S. dollars) with Australian mining giant Rio Tinto. The subsidiary of China Baowu Steel Group Corporation Limited said the cross-border Renminbi (RMB) settlement was supported …

Read More