China Iron and Steel Association statistics shows that China produced 3.5 million tonnes of stainless steel in the H1 of 2007 up by 54% YoY. Meanwhile stainless steel imports and exports registered 956,500 tonnes and 833,800 tonnes respectively down by 25.45% YoY and up 224.44% YoY as compared to H1 of 2006.

China now boasts of a self sufficiency ratio of 70% and mainly bases on domestic products rather than imported ones as done during previous period. Its stainless steel consumption per capita reached 4.6 kilograms in 2006 and the figure increased further in the H1 of 2007, approaching the world's average.

(Sourced from MySteel.net)