Monthly Graphite Market Report Jan 2026
2026-02-11 08:37:22 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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1 Market Highlights
Flake graphite: Despite the reduced demand, prices remain firm based on firm production cost and low operating rates of producers.
Expansible graphite: Based on firm production cost, producers stick to the prices.
Spherical graphite: Owing to further increased sulfuric acid prices, SG producers raise prices.
Amorphous graphite: Based on thin margin, producers keep prices steady.
2 Economy and Policy
2.1 China's annual crude steel output down 4.4% YoY
In December 2025, China produced 60.72 million tonnes of pig iron, down 9.9% YoY, 68.18 million tonnes of crude steel, down 10.3% YoY, and 115.31 million tonnes of finished steel products, down 3.8 YoY, according to the National Bureau of Statistics.
For the full year, pig iron output declined 3.0% YoY to 836.04 million tonnes, while crude steel production decreased 4.4% YoY to 960.81 million tonnes. The output of finished steel products rose 3.1% YoY to around 1.45 billion tonnes.
Flake graphite: Despite the reduced demand, prices remain firm based on firm production cost and low operating rates of producers.
Expansible graphite: Based on firm production cost, producers stick to the prices.
Spherical graphite: Owing to further increased sulfuric acid prices, SG producers raise prices.
Amorphous graphite: Based on thin margin, producers keep prices steady.
2 Economy and Policy
2.1 China's annual crude steel output down 4.4% YoY
In December 2025, China produced 60.72 million tonnes of pig iron, down 9.9% YoY, 68.18 million tonnes of crude steel, down 10.3% YoY, and 115.31 million tonnes of finished steel products, down 3.8 YoY, according to the National Bureau of Statistics.
For the full year, pig iron output declined 3.0% YoY to 836.04 million tonnes, while crude steel production decreased 4.4% YoY to 960.81 million tonnes. The output of finished steel products rose 3.1% YoY to around 1.45 billion tonnes.
