Roskill: graphite prices could push higher on tightening markets for batteries & electrodes

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Producers of crude steel, stainless steel and ferroalloys have all introduced electrode surcharges to pass on some of the rising costs to their customers. Outokumpu reported in its interim report for Q1 2018 that high graphite electrode costs were still having a negative impact on steelmaking profits in Europe. Consumers have been reluctant to pay the rapidly rising costs and drew down on graphite electrode stockpiles for as long as they could.

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