According to the statistic from China, the total production growth of stainless steel in China had increased strongly, especially in the 300 series.

The growing production of stainless steel products had also raised the stainless steel products' inventory level in China to a high place.

Due to the trend, the production of stainless steel in China was expected to add an extra 7 million tons in the next 3 years, and over 80% of the production would be produced by the top 10 largest steelmakers in China.