Global Steel Industry and Future Outlook

9 Future Outlook- Graphite Electrode HEG HEG Limited World Winning Quality The graphite electrode business of SGL Carbon, one of the industry leaders, have been acquired by SDK, Japan which is expected to be a major positive for the industry. ❖ Favourable impact of industry consolidation is expected in short to medium term, once the acquisition process is complete for SDK. ◆ HEG order book for H2 is healthier compared to first half. Imported needle coke prices showing signs of increase and is in turn expected to jack up the graphite electrode prices in 2017.

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