It is reported that stainless steel council of China special enterprises association has published statistics about the country's stainless steel output, imports, exports and consumption in last year.

Crude stainless steel output broke 7 million tonnes accounting for one fourth of the world's total. Total output recorded 7.206 million tonnes a YoY increase of 1.906 million tonnes or 35.96% YoY.

Output of CrNi steel reached 4.189 million tonnes accounting for 58.13% share, Cr steel 1.839 million tonnes accounting for 25.52% and CrMn steel 1.178 million tonnes accounting for 16.35% share.

In the meanwhile imports decreased and exports increased with higher self sufficiency rate. Import volume hit 1.698 million tonnes down by 32.08% YoY whereas export volume registered 1.303 million tonnes up by 44.78% YoY. Net imports totalled 395,000 tonnes including 204,000 tonnes of semi products and 115,000 tonnes of narrow plate. Net exports of HR sheet were 328,000 tonnes.