LONDON--(BUSINESS WIRE)--Aug 21, 2018--, a global procurement market intelligence firm, has announced the release of their . The graphite electrode supply market is predicted to experience an accelerating spend growth momentum owing to the rising demand for steel in the automotive and construction industries. Since the manufacturing of steel necessitates usage of graphite electrodes, the demand for graphite electrode is directly proportional to the demand for steel. Additionally, improving economic conditions in the developing countries are triggering a rise in automobile production, which, in turn, is driving the demand for steel.

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Global Graphite Electrodes Category - Procurement Market Intelligence Report. (Graphic: Business Wire)

“It is essential for the buyers to choose suppliers who can assure consistent quality of the products. This will help achieve optimal usage of graphite electrodes in the furnace,” says SpendEdge procurement expert Anil Seth. “Also, the buyers must evaluate the suppliers based on their production capacity to ensure complete and timely delivery of the products,” addedAnil.

SpendEdge sample reports are free of charge and provide insights that focus on the cost-saving aspects of procurement and the optimization of category spend. .

SpendEdge’s procurement market intelligence reports for the components and spares category provide insights on supplier operational capability and offer an in-depth cost-benefit analysis for the buyers and the suppliers. They also provide information on category pricing and risk management strategies.

The procurement experts at SpendEdge expect the following factors to play a key role in influencing the global category spend for graphite electrodes market.

Rising demand for steel Increase in demand for graphite electrodes because of supply shortage owing to possible production facility shut down in China To know more,

Report scope snapshot: Graphite electrode market

Category ecosystem

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Total cost of ownership analysis Overview of pricing models Comparison of pricing models To view this report’s table of contents,

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SOURCE: SpendEdge

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PUB: 08/21/2018 11:35 AM/DISC: 08/21/2018 11:35 AM