According to the preliminary report released by the International Stainless Steel Forum, global stainless crude steel production rose by 10.6% YoY to 56.28 million tonnes, even though the growth declined to 13.71 million tonnes in Q4 of 2021, up by ust 1.2% YoY. China accounted for 54% share in total global stainless crude steel production------------------------------------Region Wise Production 2021------------------------------------Europe – 7.181 million tonne, up 13.6% YoYUSA – 2.368 million tonne, up 10.4% YoYChina – 30.632 million tonne, up 1.6% YoYAsia w/o China & Korea – 7.792 million tonne, up 21.2% YoYOthers – 8.316 million tonne, up 42.0% YoYThe International Stainless Steel Forum is a not-for-profit research and development organisation which was founded in 1996 and serves as the focal point for the global stainless steel industry. The members of the International Stainless Steel Forum are producers of stainless steel (integrated mills and rerollers) and stainless steel development associations.
According to the preliminary report released by the International Stainless Steel Forum, global stainless crude steel production rose by 10.6% YoY to 56.28 million tonnes, even though the growth declined to 13.71 million tonnes in Q4 of 2021, up by ust 1.2% YoY. China accounted for 54% share in total global stainless crude steel production------------------------------------Region Wise Production 2021------------------------------------Europe – 7.181 million tonne, up 13.6% YoYUSA – 2.368 million tonne, up 10.4% YoYChina – 30.632 million tonne, up 1.6% YoYAsia w/o China & Korea – 7.792 million tonne, up 21.2% YoYOthers – 8.316 million tonne, up 42.0% YoYThe International Stainless Steel Forum is a not-for-profit research and development organisation which was founded in 1996 and serves as the focal point for the global stainless steel industry. The members of the International Stainless Steel Forum are producers of stainless steel (integrated mills and rerollers) and stainless steel development associations.