If Metal stocks are reviving, will HEG Graphite will make a comeback too?
Not invested in any metal scripts.
yes but not as much bang as before.
Difference with metal stocks is directly based on demand/supply. whereas last year when metal boom was on, Cos already setup there electric furnace etc that require graphite electrodes from suppliers like HEG
Currently, production capacity is under-utilized ie. unless you expect more than 100% utilization of production. those ancilliaries of metal cos will still balance/underperform ( not a major jump in demand ). They should still supply/maintain existing furnaces.