Dee Jay

Part time lawyer. I have a large anti-library.

[Dee Jay @sonnejayy]

@kvp2688 HEG and Graphite India running near capacity and Chinese tariffs @ 97%.

This will be pure profit for Indian imports, and should continue to drag prices upwards globally

[Dee Jay @sonnejayy]

$EAF

[Darshan Mehta @darshanvmehta1]

Tokai Carbon hikes graphite electrode prices amid surging needle coke costs....Positive for HEG and Graphite

https://t.co/0pkmu6V1xJ

[Dee Jay @sonnejayy]

Low sulfur heavy oil up 57% in Japan. While not exactly the same as decant feedstock for PNC, it’s a relevant point to follow.

Decant is 25% cost of finished electrode. That’s a built in 15% cost increase for producers - $500 in Graftech’s case.

$EAF

[Dee Jay @sonnejayy]

$EAF

Relevant to upcoming needle coke prices&supply. Hard to sign 1 year firm price contracts with customers if you don’t know what your needle coke price is, and if you can even get enough. As of late June, ICC described low sulfur slurry supply as “extremely tight”

[Dee Jay @sonnejayy]

$EAF

Carbon and graphite [electrode] prices in the US continued to push higher in June. I see no reason for a slowdown with higher steel prices and impending duties on Chinese/Indian competitors.

https://t.co/Fe3eCosrPY

[Dee Jay @sonnejayy]

Graphite anode market 🔥

[İnan.Pi π 🇹🇷🇪🇦🇦🇷 @inanjaccuse]

🚨 Küresel Piyasada Son 24 Saatin En Sıcak Anomalisi

Artan Varlık: Yüksek Saflıkta Doğal Flake Grafit (Natural Flake Graphite)

Yüzde Artışı: Doğu Afrika'daki ana ihracat limanlarında patlak veren lojistik grevler ve arz daralması endişesiyle spotta gecelik +%145 talep patlaması

[Dee Jay @sonnejayy]

@kvp2688 This is fuel for the fire. Steel prices strengthening in EU and US. What’s the premium for certainty?

[Dee Jay @sonnejayy]

$EAF

We’ll know shortly whether Flanagan’s speculation of a pet needle coke shortage caused by Iran War is correct. Per Flanagan - China and some Japanese producers source their decant oil from the ME.

[Dee Jay @sonnejayy]

Fix sensorineural hearing loss and you fix tinnitus. I’ve lived with it for 6 years now and have learned to embrace it, but a cure would be nice!

[Bloomberg @business]

About 14% of adults worldwide suffer from tinnitus, often described as ringing in the ears. The long-held belief that patients should simply live with it is finally beginning to change https://t.co/oDsi7YLwOV

[Dee Jay @sonnejayy]

$EAF

Relevant to upcoming needle coke prices&supply. Hard to sign 1 year firm price contracts with customers if you don’t know what your needle coke price is, and if you can even get enough. As of late June, ICC described low sulfur slurry supply as “extremely tight”

[Dee Jay @sonnejayy]

$EAF

Moving steel demand to a (soon to be) electrode ring-fenced market. Hopefully the trend continues!

[Bloomberg @business]

Mexico’s auto industry is bracing for a blow that could spread well beyond Toyota, after the Japanese automaker said it would move production of its popular Tacoma truck out of the country and into Texas. https://t.co/l6PKsrYzzR

[Dee Jay @sonnejayy]

$EAF

Aperam out today with upbeat outlook on EU steel market related to lower import volumes & CBAM.

https://t.co/y0DNanWZ7W

[Dee Jay @sonnejayy]

$EAF

Tokai said supply for both needle coke and decant oil to produce carbon black are tight. I don’t expect the situation to improve as the year progresses.

Graftech is going to be the winner with its own needle coke sourced from US domestic decant.

[Dee Jay @sonnejayy]

Here it is:

On “NEEDLE COKE - SUPPLY ON THE GROUND HAS BECOME TIGHT”

[Dee Jay @sonnejayy]

Here it is:

On “NEEDLE COKE - SUPPLY ON THE GROUND HAS BECOME TIGHT”

[Dee Jay @sonnejayy]

$EAF

Tokai Carbon’s 2026 integrated report out today

They expect the large diameter electrode market to grow at 4% a year. This is marginally better than HEG/Graftech’s 3% projection

[Dee Jay @sonnejayy]

Expecting a large tailwind in US after (and assuming) protection measure put in place against Indian and Chinese competitors

[Dee Jay @sonnejayy]

@kvp2688 2% of shares turned and price drops 20% - you’re right not many enthusiastic buyers

[Dee Jay @sonnejayy]

$EAF

Algos dumped Graftech today, but the EU is picking up another 3000 tons of graphite electrode demand in 2030 🫣

[EUROMETAL @EUROMETAL_]

#LatestUpdates Nippon Steel plans EAF investment at Slovakia’s Košice steelworks https://t.co/Of1vU39DHO

[Dee Jay @sonnejayy]

@kj252308 Think it’s combination of postponement and first day in Russell indexes

[Dee Jay @sonnejayy]

$EAF

Shelf registration for $150M is roundabout 17M new shares issued at $9 and at 200K shares/day average volume, it would take them 85 trading days of constant selling assuming the share price stays constant.

Either mgmt is incompetent, or they see share and volume event.

[Dee Jay @sonnejayy]

@Tamacti_jun11 Anything but a big miss

[Dee Jay @sonnejayy]

1/
HEG Ltd closer look at annual report (I don’t own, the single factory concept makes it too fragile for me)

1. Still anticipate 150-200k of UHP demand coming between now and 2030.
2. Breakdown by year:
Last 12 months - 35k
2026-2028 - 105k
2029-2030 - 50k

[Dee Jay @sonnejayy]

@srawat85 On Friday Dept of Commerce postponed AD prelim rates against Chinese exporters @ request of Resonac and Tokai. Some traders probably bailing.

Price action of illiquid micro caps😵‍💫