Graphite electrode

The output of graphite electrodes in China showed a rapid growth trend from 2017 to 2019, and the total output reached 801,000 tons in 2019, with a compound annual growth

The rate reached 20.4 percent. Production declined slightly in 2020, down 4.4% year on year, due to industry losses and the pandemic. Production in 2021

1.09 million tons, capacity utilization rate reached 59%, a significant improvement over 2020, but still at a low level, is expected to reach 121 in 2022

Ten thousand tons.

Compared to the global ultra high power graphite electrode market, the relatively low performance grade of ultra high power graphite electrode manufactured in China is popular in electric arc furnaces

It is widely recognized by steelmakers that there are few manufacturers in China capable of producing the ultra-high power stone used in the EAF furnaces of these EAF steelmakers

Graphite electrode. In China, high quality ultra-high power graphite electrode refers to the graphite electrode that meets the global market standards for ultra-high power graphite electrode.

At present, the proportion of ultra-high power graphite electrode and high power graphite electrode is the highest, accounting for 34.9% and 34.7%, respectively. Ordinary power graphite

The proportion of electrode is about 19.1%, and the proportion of high quality ultra-high power graphite electrode is about 11.3%.

Data source: collated by China Commerce Industry Research Institute