Stocks rally up to 14% after Graftech announces $600-$1,200/tonne graphite electrode price hike amid rising raw material costs.
GrafTech, which holds an estimated 25-30% market share in ex-China markets, has signalled firm pricing trends, a development seen as positive for domestic players such as Graphite India and HEG.
His latest recommendations feature engineering heavyweight ABB India, private lender Tamilnad Mercantile Bank (TMB), and ...
HEG Ltd and Graphite India Ltd shares rose up to 18% on Tuesday after reports said Japan has imposed antidumping duty of 95.2% on graphite electrode exports from China for four months as a provisional ...