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Asia excluding China recorded a production of 8.8 mmt during 2013 corresponding to a y–o–y increase of 0.8%. But growth throughout the region ranged from +5.4% (India) to -3.7% (Taiwan, China). Production ..

18 Mar 2014

BRUSSELS (Commodity Online): The International Stainless Steel Forum (ISSF) has released preliminary figures for 2013 showing that stainless steel melt shop production increased by 7.8% to 38.1 million metric tons (mmt). With the exception of Western Europe and Africa, all regions achieved positive growth.

Asia excluding China recorded a production of 8.8 mmt during 2013 corresponding to a y–o–y increase of 0.8%. But growth throughout the region ranged from +5.4% (India) to -3.7% (Taiwan, China). Production levels in Japan and South Korea remained unchanged.

China continues to expand its production share which is now approaching 50%. Stainless steel production in China increased by +18% to 19 mmt in comparison to 2012.

In Western Europe and Africa, production decreased by -4.3% year–on–year to 7.5 mmt. The range varies from +5.1% and +4.6% in France and Belgium to double digit negative values in the UK and Germany.

The Americas and Central and Eastern Europe achieved positive growth. Stainless steel production increased by 3.6% to 2.5 mmt in the Americas and by 13.6% to 0.4 mmt in Central and Eastern Europe year–on–year.

(Photo Courtesy of Suat Eman at FreeDigitalPhotos.net) 


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