According to statistics, China’s apparent consumption of stainless steel plate and strip was around 1.26 million tons in January this year, down by 41.7% compared to the previous month and by 35.9% from the year-ago level.

The apparent consumption of stainless steel plate and strip in February was 1.85 million tons, a month-on-month increase of 47.5% and a year-on-year hike of 4.2%.

In the first two months of this year, China’s apparent consumption of stainless steel plate and strip amounted to approximately 3.1 million tons, sliding by 16.8% compared to the same period a year earlier.