Tokai Carbon : to increase prices for Graphite Electrode
July 31, 2017 at 12:24 am EDT
Share
News Release 2017
July 21, 2017
Tokai Carbon to increase prices for Graphite Electrode
Tokai Carbon announces revising the selling price of graphite electrode in Japanese market as follows.
Price increase
Scope: Graphite Electrode of all sizes (for Japan)
Effective date: October 1, 2017(on a delivery basis)
Price increase: 60,000 Japanese Yen / metric ton
Background
Under the continuing structural recession of Graphite Electrode business, we have made an effort to significantly reduce the cost and also downsize the production capacity under the business reconstruction plan. The recent raw material cost increase, although led us to a severe position. The price increase is necessary to ensure Tokai Carbon the persistence of our business and the stable supply of quality products.
End of notice
Contact
Tokai Carbon Co., Ltd.
General Manager, Sales Department, Graphite Electrode Division
Takao Fujita
+81-3-3746-5166
Tokai Carbon Co. Ltd. published this content on 31 July 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 31 July 2017 04:24:02 UTC.
Original documenthttp://v3.eir-parts.net/EIR/View.aspx?template=ir_material&sid=77582&code=5301
Public permalinkhttp://www.publicnow.com/view/C64BFF7A445944F7D0825F070F275FF06432458D
Tokai Carbon Co., Ltd. is one of the Japanese leaders in manufacturing and marketing of coal and graphite products. The group is also producing industrial furnaces. Net sales break down by family of products as follows:
- coal and graphite products (69.6%): coal, graphite electrodes, special graphite and friction materials primarily for industrial, electronic, energy, automotive and mechanic applications;
- cathodes for smelting aluminum and furnace linings (18.1%);
- industrial furnaces and heating products (6.9%): for thermal processing of ceramic products, electronic components, metals, glasses, etc.;
- other (5.4%).
Net sales break down geographically as follows: Japan (24.6%), Asia (26.7%), the United States (26.5%), Europe (11.6%) and other (10.6%).