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China Graphite Electrode Market Status and Development Trend Forecast Analysis in 2022
Published:
2022-09-15 08:31
Source:
Graphite electrode is a conductive material mainly used in steel smelting, and the support guidance from the domestic policy end for electric arc furnace short process steelmaking to replace converter steelmaking has driven the increase in demand for graphite electrode in China's steel industry. Market StatusChina's graphite electrode production is growing at a high rate from 2017 to 2019, with total output reaching 801,000 tons in 2019, with a compound annual growth rate of 20.4%.In 2020, due to industry losses and epidemic, the output decreases slightly by 4.4% year-on-year.In 2021, the output reaches 1,009,000 tons, with a capacity utilization rate of 59%, a significant improvement over 2020. Significant improvement
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