Outokumpu has introduced a graphite electrode upcharge for all stainless steel products. The tight supply situation within the graphite electrodes market has led to limited global availability of graphite electrodes and sharp increases in their prices. This has in turn led to a significant increase in the production costs of stainless steel.
The initial electrode upcharge will be EUR 30/tonne, and it concerns all new contracts and spot-orders in Europe, Middle East, Africa, Australia and Asia as of September 26, 2017.
