Tight Supply of Electrodes Jolts Stainless Minimills

Thursday, October 12, 2017 1:49 PM Written by 
Published in Other Steel News

Tight supplies of graphite electrodes used in the electric arc furnace steelmaking process have raised electrode prices to the point that at least two stainless steel mills have increased their surcharges.

Outokumpu was the first with a surcharge of 30 euros (about $35.50) per metric ton on Sept. 27 in most markets except the U.S. AK Steel followed with a $13.20 per short ton electrode surcharge effective with November shipments.



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Tim Triplett

Tim Triplett is the executive editor of Steel Market Update. Tim joined SMU after 20 years as editor-in-chief of Metal Center News Magazine. A journalist and business writer for 40 years, Tim holds an MBA from Aurora University. Tim can be reached at Tim@SteelMarketUpdate.com or by phone at 630-513-5916.

Website: https://www.steelmarketupdate.com
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