2021 graphite electrode market review

Looking back on 2021, under the three-party game of cost, supply and demand, China's graphite electrode market price rose and fell alternatively, and the overall price trend was: up—down—stable. Specifically:

• On the one hand, under global "resumption of work" and "resumption of production" background in 2021, the global economic inflation developed in the first half of the year, the demand for crude steel was expected to be better, the steel price was strong and increased significantly, the steel plant made considerable profits, the production was active, the graphite electrode purchasing sentiment was good, some specifications of graphite electrodes were in short supply;

• On the other hand, bulk commodities price rose rapidly in 2021, the raw materials upstream of graphite electrode price rose comprehensively, and graphite electrode enterprises production cost increased rapidly. Superimposed on the above factors, graphite electrode overall price showed a steady upward trend in the first half of 2021.

With the introduction of the policy of reducing crude steel production in all provinces, steel plants have great pressure to reduce production, and the production of graphite electrode enterprises and downstream steel plants is limited by superimposing factors such as power restriction, production restriction and the Winter Olympic Games environmental protection. The market shows a situation of weak supply and weak demand. However, the raw materials upstream of graphite electrode price is always high, the cost pressure of graphite electrode enterprises is also high, the profit space is limited, and graphite electrode price rises and falls alternative under the market game, reading more graphite electrode market news contact us.