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Graftech, the global graphite electrode giant, recently talked about the global graphite electrode market situation in 2023. Graftech believes that the global short-term demand for graphite electrode is still relatively weak due to the continuous economic uncertainty and geopolitical conflicts.
At the same time, although the electrode manufacturers in Mexico have resumed production, the sales volume in the first half of 2023 is still uncertain, and the overall graphite electrode market environment is expected to improve gradually after the second half of the year.
Graftech stressed that the general direction of accelerating decarburization in the steel industry will remain unchanged, which will lead to more steel plants using electric arc furnace to make steel, thus promoting the long-term demand growth of graphite electrode, and electrode manufacturers will benefit from the long-term growth. For more information about graphite electrode market dynamics, please contact us.
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