Tokai Carbon : to increase prices for Graphite Electrode
December 14, 2017 at 01:12 am EST
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News Release 2017
December 14, 2017
Tokai Carbon to increase prices for Graphite Electrode
Tokai Carbon announces revising the selling price of graphite electrode in Japanese market as follows.
1. Price revision
(a) Scope:
Graphite Electrode of all sizes (for Japan)
(b) Effective date:
April 1, 2018 (on a delivery basis)
(c) New pricing:
32-28 inch 24-18 inch
920,000 Japanese Yen / metric ton 900,000 Japanese Yen / metric ton
(d) Others:
16 inch and below 1,300,000 Japanese Yen / metric ton Shortening of payment term
2.
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 significant raw material cost increase, although now became a hurdle to maintain the business with necessary investments. We believe it important to contribute to the industry by the stable supply of quality products in this environment of short supply of graphite electrode and increasing demand of scrap-melting through electric arc furnace.
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 14 December 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 14 December 2017 06:11:04 UTC.
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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%).
TOKAI CARBON CO., LTD. 
