SGL Carbon increases prices for graphite electrodes globally

04-Jul-2002

WIESBADEN, July 3, 2002. The SGL Carbon Group is increasing prices for its core product, Graphite electrodes, by EUR 220 per ton with immediate effect for all new orders globally.

The steel industry has recovered faster and more strongly from the recession than expected. This has lead to increased demand for graphite electrodes. As a result, supply and demand on the global markets are re-approaching a balanced structure. At present, SGL Carbon's capacity is widely utilized. Booked business indicates that this is likely to continue for the remainder of the year.

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