Posted on March 25, 2025, by Niftynews
In a weak broader market, shares of graphite electrode companies HEG Share Price and Graphite India Share Price saw significant gains, surging up to 18% during intra-day trade on Tuesday. This rally came after Japan’s cabinet decided to impose provisional anti-dumping duties on China’s graphite electrode exports, effective March 29, 2025, according to reports.
In contrast, the BSE Midcap and BSE Smallcap indices were both down 1%, showing how the HEG share price and Graphite India share price stood out in an otherwise challenging market.
HEG Share Price Skyrockets 18% on Massive Trading Volumes
HEG share price skyrocketed by 18% to ₹504 in intra-day trading, driven by an over 10-fold increase in trading volumes. At 2:14 PM, the stock was up by 17% to ₹504 on the BSE, with a combined total of 25.54 million shares—representing 13.2% of HEG’s total equity—changing hands across the NSE and BSE.
HEG Ltd, which operates one of the world’s largest graphite electrode plants, has recently expanded its capacity to 100,000 tons per annum, making it the third-largest graphite electrode producer in the western world. This expansion, along with consistent exports to over 35 countries, has positioned HEG as a key player in the graphite electrode industry.
Graphite India Share Price Rises 14% Amid High Trading Volume
Similarly, Graphite India share price surged by 14%, reaching ₹525, fueled by a 16-fold increase in trading volumes. Over 19.75 million shares, or 10.1% of the company’s total equity, were traded on the NSE and BSE. Graphite India, a major manufacturer and seller of graphite and carbon products, has also benefited from strong demand for its products due to the ongoing global push for decarbonization in the steel industry.
Japan’s Anti-Dumping Measures Impact HEG and Graphite India Shares
According to a Reuters report, Japan’s decision to impose anti-dumping duties on China’s graphite electrodes follows an investigation that found China was exporting these electrodes—critical components in Electric Arc Furnace (EAF) steelmaking—at unfairly low prices, damaging Japanese businesses. The duties, effective from March 29, 2025, could create a more favorable market environment for HEG and Graphite India, both of which are well-positioned to benefit from the shift in global demand for graphite electrodes.
Industry Outlook for HEG and Graphite India
The outlook for graphite electrodes is promising, particularly with the global trend of decarbonization in the steel industry. HEG, in its Q3 earnings presentation, highlighted that the growing adoption of Electric Arc Furnace (EAF) steelmaking is expected to drive an additional demand of approximately 200,000 tons of graphite electrodes by 2030 (excluding China). As steel companies transition to more sustainable practices, the demand for graphite electrodes will only increase.
Graphite India shares are also poised for long-term growth. K K Bangur, Chairman of Graphite India, mentioned in the Q3 earnings release that the company’s strategy is focused on technological advancements and sustainability initiatives to ensure long-term growth. With rising steel consumption in sectors like infrastructure, automotive, and construction, the demand for graphite electrodes is set to climb, further boosting Graphite India’s market position.
Conclusion: HEG and Graphite India Share Price Outlook
Despite short-term pressures, the long-term growth potential for HEG share price and Graphite India share price remains strong. With the global push for decarbonization, demand for graphite electrodes is expected to rise steadily. Moreover, the imposition of anti-dumping duties on Chinese exports could provide a competitive advantage to companies like HEG and Graphite India, which are already well-established in the market.
The recent surge in HEG share price and Graphite India share price showcases investor confidence in these companies. As the global steel industry transitions to more sustainable practices, both companies are well-positioned to capitalize on the increased demand for graphite electrodes.
For the latest updates on HEG share price and Graphite India share price, stay connected with us.
