During the Spring Festival, the head graphite electrode enterprises do not stop work and do not stop production, maintain the production rhythm before the holiday, small and medium-sized graphite electrode enterprises calcination, roasting and other workshops orderly production, more suspension of pressing and graphitization processes, it is expected that the output of graphite electrodes in February will decline slightly month-on-month.
In terms of raw materials, the cost pressure of oil-based needle coke enterprises is greater, some enterprises have losses, and many mainstream needle coke enterprises have maintenance plans in March and April, and coal-based needle coke enterprises have no willingness to start work for the time being, and needle coke enterprises are looking forward to rising after the holiday.
On the demand side, during the Spring Festival, most of the electric furnace steel mills were in a state of shutdown, and the blast furnace steel mills were also mostly in an unsaturated production situation, and the consumption of graphite electrodes declined.
After the holiday, there is no bidding information in the market, but in recent days, the steel has been running strongly, the market sentiment has improved, the electric furnace began to resume work at the end of the month, and the demand for graphite electrodes will gradually rebound.
Post time: Feb-27-2024