Home News Industry dynamics THE NEW HIGH GLOBAL STAINLESS STEEL PRODUCTION SET

Industry dynamics

THE NEW HIGH GLOBAL STAINLESS STEEL PRODUCTION SET
  • 2017-02-13

2016 annual global crude stainless steel production is estimated to around 45.5 million tones totally. It represents a year-on-year increase of 9.5 percent. MEPS forecasts a further rise 4% in worldwide outturn in 2017.The new peak may reach 47.3 million tonners.


According to official Chinese output data, the figures were significantly higher than earlier expectations even if some plants was closed. As for stainless steel demands in .Emerging economies continues it expands more quickly than in traditional stainless steelmaking countries. But Taiwan production output has been at a historically low level recently. According to record ,the grows was up to 10%in 2016. In the United States, the 2016 outturn grew strongly. The growth was more than 4%.


The production In Japan and South Korea in2016 dropped slightly compared to 2015. The European Output in 2016 was up approximately 2 percent more than 2015 figures. In a word, moderate increases are positive in 2017 according to Cong shine experience.


Source:MEPS stainless steel

 

service online

Service Online

0086-21-55803699