Graphite Electrode Market Recovers in Late August 2026 as Raw Material Prices Rise

According to recent monitoring information from professional industry platforms, the domestic graphite electrode market stabilized and rebounded in late August 2026, with trading volume improving steadily. Core raw materials including needle coke, coal tar and pitch continued to rise, providing stronger cost support for carbon products. Major overseas carbon manufacturers also announced price increases effective October 2026, creating a firmer outlook for the global graphite electrode market.

Graphite electrode spot prices remained stable to strong in late August 2026. The latest mainstream factory price range is about CNY 20,000-24,000 per ton for RP graphite electrodes, CNY 25,000-31,000 per ton for HP graphite electrodes, and CNY 31,000-37,000 per ton for UHP graphite electrodes. Large-size Φ600-Φ700mm UHP electrodes maintain high prices because of tight supply.

Cost support and recovering demand are pushing the market into a stable upward cycle. Downstream steel mills are mainly making rigid replenishment, while EAF operating rates are gradually recovering. With negative market factors being absorbed, rising raw material prices and overseas price-hike expectations are supporting a firmer graphite electrode market.

Leading manufacturers with full-process production are gaining stronger export advantages. Industry analysis shows that small and medium carbon capacity continues to shrink under pressure from raw material costs, energy consumption and environmental requirements. Manufacturers with complete calcination, impregnation, baking, high-temperature graphitization and precision machining capabilities, stable quality and large-scale delivery capacity are more competitive in global export business. Steel mills in Europe, Central Asia and Southeast Asia are actively stocking up to secure supply before possible fourth-quarter price increases.

Handan Dongyuan Metallurgical Carbon Co., Ltd. continues to provide cost-effective graphite electrode solutions. Founded in 2006, the company has an annual output of 20,000 tons and is ISO9001 certified. With complete production lines, we strictly control key physical and chemical indicators such as resistivity, thermal expansion coefficient and thermal shock resistance for every batch, supporting stable use in EAF steelmaking, industrial silicon and yellow phosphorus smelting.

We keep sufficient spot stock and stable lead times, supplying full-range Φ100-700mm RP, HP and UHP graphite electrodes and high-precision matching nipples. Custom sizes and large-volume export orders are available. Visit our official website for factory information: https://www.dy-graphite-electrode.com/About-us.html.