Global Electric Arc Furnace Steelmaking Capacity Expansion Drives Steady Demand Growth Of High-Purity Graphite Electrodes

Sep 05, 2026

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In order to cope with global carbon emission reduction goals, the global steel industry is accelerating the pace of green transformation. Traditional blast furnace steelmaking has high energy consumption and high carbon emissions, and is gradually restricted and eliminated by policies of various countries. Electric arc furnace steelmaking relies on scrap steel recycling for production, with low energy consumption and low carbon emissions, and has become the mainstream development direction of the global steel industry. In 2026, the electric arc furnace steelmaking capacity of Europe, Southeast Asia, Middle East and South America has increased significantly, and the global proportion of green steel output has exceeded 35%, with a year-on-year increase of more than 8 percentage points.

 

Graphite electrode is an indispensable core conductive consumable for electric arc furnace steelmaking. It conducts current to generate high-temperature electric arc to melt scrap steel raw materials, and its performance directly affects steelmaking efficiency, product quality and production energy consumption. With the large-scale popularization of ultra-high-power electric arc furnaces, the global steel industry has put forward higher technical requirements for graphite electrodes. Traditional ordinary-power graphite electrodes can no longer meet the production needs of large-scale ultra-high-power electric arc furnaces. High-purity, high-density, low-resistance and low-consumption ultra-high-power graphite electrodes have become the mainstream demand of the market.

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At present, the global market demand for ultra-high-power graphite electrodes maintains steady growth. Industry data shows that the global annual demand for high-end graphite electrodes for green steelmaking has increased by 16% year-on-year in 2026. However, the global supply capacity of high-quality ultra-high-power graphite electrodes is relatively concentrated. Many ordinary graphite electrode manufacturers are limited by technical processes, unable to produce low-resistance and low-consumption high-end products, resulting in unbalanced market supply and demand. In regions with rapid expansion of green steel capacity such as Southeast Asia and the Middle East, the shortage of high-end graphite electrodes is particularly prominent.

 

The production of high-end ultra-high-power graphite electrodes has strict technical thresholds. It requires high-quality needle coke raw materials, precise batching process, long-term high-temperature graphitization treatment and professional finishing technology. The product needs to have excellent electrical conductivity, thermal shock resistance and oxidation resistance, and can maintain stable operation under long-term high-current and high-temperature working conditions. Unqualified graphite electrodes have problems such as large power consumption, easy oxidation and fracture, which will increase the production cost of steel enterprises and affect steelmaking efficiency.

 

Jincheng Graphite has long been engaged in the research, development and production of high-end steelmaking graphite electrodes, and has formed a complete production system of ultra-high-power graphite electrodes. The enterprise optimizes raw material batching formula and production process, strictly controls product density, resistivity and mechanical strength indicators. The produced ultra-high-power graphite electrodes have the advantages of low resistivity, high conductivity, strong oxidation resistance and long service life, which can effectively reduce the power consumption and electrode loss of electric arc furnace steelmaking, and improve the production efficiency of steel enterprises.

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In view of the differentiated demand of global green steel projects, Jincheng Graphite can provide customized graphite electrode products of different specifications and power levels, covering ultra-high-power, high-power and medium-power graphite electrodes, to meet the production needs of different types of electric arc furnaces. The enterprise provides customers with one-stop supporting services such as product installation guidance, use technical guidance and after-sales maintenance, helping global steel enterprises reduce production costs and improve production efficiency.

 

At present, Jincheng Graphite's high-performance graphite electrode products have been exported to Southeast Asia, the Middle East, South America and other regions with rapid development of green steel industry, providing stable core consumable support for local electric arc furnace steelmaking projects. With the continuous deepening of global steel industry green transformation, Jincheng Graphite will continue to optimize graphite electrode product performance, upgrade production technology, and contribute to the low-carbon and green development of the global steel industry.

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