【Graphite Electrode】Export Pattern in April: 

Iran Takes the Lead, Followed by Russia and Turkey

In April 2024, China's graphite electrode exports remained stable, totaling 25,200 tons. This represented a slight month-on-month increase of 0.6% and a year-on-year decrease of 2.52%.

Key Export Destinations

From the distribution of export countries, Iran, Russia, and Turkey emerged as the primary destinations for Chinese graphite electrodes.

1. Iran: Iran topped the list with an export volume of 3,260 tons, reflecting a significant month-on-month increase of 158.06%. The demand for Chinese graphite electrodes in the Iranian market has surged notably in recent times.

2. Russia: Russia followed with an export volume of 2,250 tons. Despite being second, the export volume to Russia showed a significant gap compared to Iran. The primary reason for this change was the settlement issues encountered in April. Several banks announced they would stop accepting payments from Russian financial institutions, creating barriers for Chinese graphite electrode exports to Russia.

3. Turkey: Turkey ranked third with an export volume of 1,480 tons. The export volume to Turkey remained relatively stable.

Notable Developments

Despite the increase in exports to Japan by 50.38% in April 2024, a new development could impact future exports. Japan initiated an anti-dumping investigation on graphite electrodes imported from China on April 24, 2024. This investigation is expected to influence China's graphite electrode export business, particularly in May.

Implications for Chinese Producers and Exporters

Given these developments, Chinese graphite electrode producers and exporters should closely monitor the progress of the anti-dumping investigation in Japan. Adjusting export strategies based on the outcomes of this investigation will be crucial to mitigate potential impacts on their business. For more information on graphite electrode import and export data, feel free to contact us.