Trade Resources Market View China's Stainless Steel Output Rose by 19.8% Year on Year

China's Stainless Steel Output Rose by 19.8% Year on Year

According to data released by the Stainless Steel Council of China Special Steel Enterprises Association (SSC), the country’s crude stainless steel production totaled 13.66 million tons in January-September, rising by 19.8% year on year. Among them, the production of 300-series totaled 6.88 million tons, increasing by 20.9%; that of 400-seirse was at 2.9 million tons, growing by 25% and that of 200-series was at 3.88 million tons, soaring by 14.3%, all compared to the figures in the same period of 2012. In the given period of time, China’s exports of stainless steel totaled 1.94 million tons, rising by 29.4% year on year. The imports totaled 558,100 tons, falling by 8.5% year on year. Besides, the country’s apparent consumption of stainless steel totaled 10.65 million tons in the first nine months of this year, increasing by 16.4% year on year.

 

 

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=67084&division=A1
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China's Stainless Steel Output Rise by 20% in Jan-Sept
Topics: Metallurgy