EU - Shortage of Graphite19 Sep 2017 06:34
http://torque-expo.com/graphite-electrode-shortage-strangling-eu-steel-production
Tight supply conditions for carbon graphite electrodes are threatening to stall EU steel production, according to EUROFER, the European Steel Association.
The Association said the graphite rods are indispensable in Electric Arc Furnace (EAF) ‘secondary’ steelmaking and in the Ladle Furnace (LF) metallurgy stages of both the EAF and ‘primary’ Blast Furnace-Basic Oxygen Furnace (BF-BOF) production routes.
“Graphite electrodes are made from high quality needle coke,” said Axel Eggert, Director General of EUROFER. “Needle coke is a premium grade, high value petroleum coke, which has been seeing shortages and sharply higher prices in recent months. This global shortage has been caused by the idling of global production capacity over the past few years, followed by production stoppages recently enforced by the Chinese authorities as a result of additional environmental standards.
“The global carbon graphite electrode market is serviced by relatively few companies in a limited number of regions. Many producers are to be found in China, with others located in India, United States, Japan and Europe. All are heavily dependent on the availability of needle coke. With Chinese supplies of needle coke and graphite out of the market, there is a clear shortage of both materials.”