UHP Graphite Electrode (600MM) Price Trend Analysis 2026: Price Drivers, Historical Prices, Market Insights, Supply Demand Analysis & Latest News

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Written ByPragati Agarwal

Procurement Resource Database

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  • UHP graphite electrode prices moved stable-to-firm in Q1’26, with stronger support emerging in March as oil-linked raw material and logistics costs increased.
  • Feedstock pressure rose through petroleum coke, needle coke, power, freight, and insurance costs, as the Strait of Hormuz carries around 20.0% of global oil supply.
  • Downstream demand remained mixed. Electric arc furnace steel activity supported consumption in some markets, but weak steel demand in Europe and China limited stronger price gains.

UHP Graphite Electrode (600MM) prices followed a stable-to-firm trend in Q1’26 across Asia, Europe, and North America. Asia saw firmer sentiment in March as petroleum coke and needle-coke-linked inputs strengthened, while Indian steel demand offered better support than China. Europe remained cost-supported but demand-limited, as weak steel output restricted full pass-through of higher energy and logistics costs. North America showed firmer conditions due to higher oil-based raw material, power, and freight costs, supported by relatively steadier electric furnace steel demand. Meanwhile, the Iran war and Strait of Hormuz closure raised shipment risk sharply, with only nine vessels navigating the route on March 2 compared with 135 vessels/day during February, adding pressure to oil-linked carbon inputs and electrode freight costs.

Analyst Insight

According to Procurement Resource, near term, prices may remain firm if coke, power, and freight costs stay elevated. Stronger steel mill buying would be needed for a sharper increase.

About UHP Graphite Electrode (600MM)

UHP Graphite Electrode (600MM) is an ultra-high power graphite electrode with a diameter of ≥600mm. It is mainly used in ultra-high-power steelmaking arc furnaces and is widely employed to produce alloy steel, metal and other non-metallic materials.

UHP Graphite Electrode (600MM) Product Detail

HS Code
85451100
Industrial Uses

To produce alloy steel, metal and other non-metallic materials in DC electric arc furnaces, AC arc furnace, Submerged arc furnace and Ladle furnaces.

Synonyms

600mm UHP Graphite Electrode, UHP 600 graphite electrodes

Supplier Database

Fangda Carbon New Material Technology Co. Ltd, Dan Carbon Group, GrafTech International, Graphite India Limited, Jilin Carbon Co. Ltd, SHOWA DENKO K.K., Tokai Carbon, SEC Carbon, Ltd.

Regional Coverage

Asia Pacific

China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe

Germany, France, United Kingdom, Italy,Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America

United States and Canada

Latin America

Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa

South Africa, Nigeria, Egypt, Algeria, Morocco

CurrencyUS$ (Data can also be provided in local currency)

Supplier Database AvailabilityYes

Customization ScopeThe report can be customized as per the requirements of the customer

Post-Sale Analyst Support360-degree analyst support after report delivery

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Our Price Analysis Methodology

About the Author

Pragati Agarwal profile photo

Pragati Agarwal

Senior Business Insights Analyst

Delivering price trend analysis and procurement market insights at Procurement Resource, with expertise in identifying commodity patterns, supporting purchasing strategies, and improving cost efficiency through actionable market intelligence.

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