Is anybody tracking Graphite / HEG? I am interested in understanding how the current up-cycle is going to end. Few observations:
- Currently the iron ore prices have gone down, esp. after China put a cap on Steel production.
- Demand in China is likely to soften, as China is trying to balance its carbon footprint and esp. also after the Evergrande debacle
- Overall global demand looks steady (it is more of an assumption), certainly the demand in India looks strong as Govt is committed to Infra. spending and construction sector is buoyant.
From this limited info. it is likely that carbon electrodes are going to see steady demand. But for how long?