August 09, 2008

Hangzhou Steel inks agreement with Jiangdong Carbon

It is reported that Hanzhou Steel and Nantong Jiangdong Carbon Company Limited have signed a strategic agreement on super high power graphite electrodes for EAF.

Based on Nantong city, Jiangdong Carbon has a business scope of super high power graphite electrode, special graphite products, carbon materials and entity investment. It ranks 1st in the production, sales and exports of super high power graphite electrode. It is also one of few manufacturer nationwide capable of producing 600mm super high power graphite electrode on commercial basis.

Statistics showed that domestic mills have long been relied on imported super high power graphite electrode for their EAF at a price of CNY 10,000 above homemade ones. However, after many years of trial use starting from 1999, Hangzhou Steel found Jiangdong’s products have approached or reached the international level in quality, which contributed to the cooperation between the two companies this time.