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China’s total stainless steel production grows 4.3% y-o-y in Oct

12 Nov 2019 14:33 reported by Jordan Huang

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According to the news, the total production of stainless steel in China this October was around 2.4 million tons, decreased by 2.7% month on month, but increased by 4.3% year on year.

Among them, the 200 series had faced a strong drop by 13.8%, came to 772,000 tons, mainly because of the weak margin, lots of mills decided to stop produced it.

About the 300 series, the production had increased by 2.7%, achieved 1.16 million tons, and 400 series also increased by 6.3% month on month, achieved 443,000 tons.

Moreover, the stainless steel production in China of this November was expected to achieve 2.4 million tons, increased by 0.8% month on month.

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