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【Graphite Electrodes】Leading Graphite Electrode Enterprises' Sales Growth in the US, India, and Japan for Q3 2024
GrafTech: Q3 2024 Sales Growth (US)
According to data from GrafTech, a leading US graphite electrode manufacturer, Q3 2024 graphite electrode sales reached 26,400 tons, up 3.52% quarter-on-quarter, with spot sales accounting for about 89% of the total. In contrast, Q3 production fell below 20,000 tons for the first time in two years due to extended shutdowns at European facilities. Transaction prices continued to decline slightly.
HEG: Record-High Quarterly Sales Volume (India)
In Q3 2024, HEG achieved a graphite electrode revenue of 55.777 billion INR, a slight 1.71% drop quarter-on-quarter. Despite lower average selling prices, actual sales volume increased compared to Q2, reaching a new high for the year.
Resonac: Q3 2024 Sales Volume Increases (Japan)
In Japan, Resonac reported Q3 2024 graphite electrode revenue of 25.6 billion JPY, down 9.55% quarter-on-quarter. However, the yen's continued depreciation against the US dollar contributed to an increase in actual sales volume compared to Q2.
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