Graphite electrode prices have risen by nearly 3%, and market supply and demand have continued to be tight since the Spring Festival

Graphite electrode prices rebounded slightly on the 26th, up nearly 3%, the first rebound after the holiday. According to reports, during the Spring Festival, the converter steelmaking basically did not stop, and its refining furnace consumed more small and medium-sized graphite electrodes. In addition, due to the impact of the epidemic, most graphite electrode companies were in a state of shutdown during the Spring Festival, and the market supply and demand were tight, resulting in a slight increase in the price of graphite electrodes.