SGL hikes electrode prices in bid to counter slump

Newswire

By Ludwig Burger and Peter Maushagen FRANKFURT, July 23 (Reuters) - Germany's SGL Carbon has lifted prices for its most important product, graphite electrodes for the scrap-to-steel industry, by as much as 30 percent to counter a price slump that forced it to cut its outlook twice this year. The head of SGL's graphite electrodes business, Klaus Unterharnscheidt, told Reuters that the unit last week informed its global customers of the mark-ups, which take ...

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