Demand is still the cornerstone of stabilizing the graphite electrode market

In short, graphite electrode is a conductive material made of petroleum coke, coal tar pitch and other raw materials through a series of processes such as calcining, grinding and graphitization.

Where is the terminal market of graphite electrode?

The steel industry accounts for half of the market. Graphite electrode can input electric energy into electric furnace. The high temperature generated by the electric arc between the electrode end and the furnace charge is used as the heat source to melt the furnace charge for steelmaking. Therefore, in order to grasp the main contradiction of the problem, it is necessary to start from the steelmaking industry.

Graphite electrode application

As we all know, steel can be made through blast furnace or electric arc furnace. Electric arc furnace steelmaking mainly uses scrap steel as raw material for smelting, which is characterized by low carbon emissions (less than a quarter of blast furnace steelmaking). Globally, the proportion of electric arc furnace steelmaking is about 25%. Compared with the world, the domestic figure is 9.2%, mainly due to the uneven recovery quality of scrap resources.

In the future, the proportion of electric arc furnace steelmaking will increase. With the deepening of the dual carbon strategy, this seems to be the general trend. We can do a simple calculation. The consumption of graphite electrode of electric furnace is 0.9-4kg/t. According to China's annual crude steel output of more than 1 billion tons (after all, it is the stock market), every time the proportion of electric arc furnace steelmaking increases by one percentage point, there is a huge demand for graphite electrodes. Graphite electrode market trend judgment, welcome to consult us.