Global Stainless Steel Crude Steel Production Analysis for The First Nine Months of 2023

On January 8, 2024, the World Stainless Steel Association (WSSA) released data on global stainless steel production for the first nine months of 2023, indicating that stainless steel crude steel production increased by 2.5% year-on-year to 42.6 million metric tons.

Among them: the European region stainless steel production of 4.407 million tons, a year-on-year decline of 8.0%; U.S. stainless steel production of 1.384 million tons, a year-on-year decline of 12.9%; China's stainless steel production of 26.606 million tons, a year-on-year increase of 13.4%; Asia (excluding China and South Korea) stainless steel production of 4.937 million tons, a year-on-year decline of 12.4%; stainless steel production of other regions of 5.27 million tons, a year-on-year decline of 13.2%.

Stainless steel and high-temperature smelter production [in thousands of metric tons]

Remark：

Others:BrazilRussiaSouth AfricaKoreaIndonesia

r: Modified
Source: World Stainless Steel Association

      From the table can be seen, China is the world's stainless steel production is the only growth ratio of more than ten percent, proving that the countries of China's purchasing demand for the increase is also obvious, we China's quality is also evident, I hope that buyers from around the world can extend the olive branch to us, and we will give you back satisfactory goods!