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HEG And Graphite India: Is This Another Record Rally?
Graphite electrode makers bracing for sweeter times.
07 Jan 2022, 01:28 PM IST
Graphite electrode prices have spiked as demand surged, aiding margins of HEG Ltd. and Graphite India Ltd., the domestic companies making the steelmaking raw material. Yet, there’s a sobering factor—rising input costs.Domestic prices have risen by Rs 20,000 per tonne—or 7% and 5.5%—sequentially for high-power and ultra-high-power electrodes for the January-March quarter, according to data from SteelMint. That’s the fourth straight qu...
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