The Union Budget for FY19 has brought in some cheer to the Graphite Electrode consumers in India— the Electric Arc Furnace steel makers– as the Government has introduced a Tariff rate of 20% on Graphite Electrode exports. However, export duty on Graphite Electrodes remains Nil, but, if the Govt. at any point deems it necessary to put a check on the exports of Graphite Electrode, then accordingly it will impose a tariff on exports, which can be to a maximum of 20%.