According to data released by the Stainless Steel Council of China Special Steel Enterprises Association, China's crude stainless steel production rose by 19.8% year on year from January to September, which amounted to 13.66 million tons. It was reported that the production of 300 series reached to 6.88 million tons, increasing by 20.9%.
For 400 series, it was at 2.9 million tons, growing by 25% while 200 series was at 3.88 million tons, increasing by 14.3% compared to the figures in the same period of 2012.
Furthermore, the country’s apparent consumption of stainless steel also increased by 16.4% year on year to 10.65 million tons in the first nine months of this year.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=67228&division=A1
