Graphite Electrode Market Size is projected to reach USD 13.58 billion by 2031, growing at a CAGR of 4.40%: Straits Research

New York, United States, March 19, 2024 (GLOBE NEWSWIRE) — Large, cylindrical graphite electrodes are typically manufactured with coal tar pitch, premium petroleum needle coke, and a few additives. They convert the power source’s electrical energy into heat for melting scrap metal. Due to graphite’s high thermal conductivity and low electrical resistance, these electrodes can generate temperatures as high as 1,600 degrees Celsius. Graphite Electrode is utilized primarily in Electric Arc Furnaces (EAF) and Blast Oxygen Furnaces (BOF) to produce steel and melt ferrous alloys. These electrodes have a high electrical conductivity, are resistant to high heat dissipation, and possess exceptional mechanical strength.
(GlobeNewsWire)