Three graphite electrodes glow red hot in an electric arc furnace. (Photographer: Andrey Rudakov/Bloomberg)

Q4 Results: HEG’s Margin Shrinks On Higher Needle Coke Prices

HEG Ltd.’s operating margin for the fourth quarter contracted due to higher prices of needle coke, a key raw material.“Needle coke prices has been increasing every six months,” Manish Gulati, the c...