Steel News

We strive to let you one step ahead of the market.

China may add 7 million tons of stainless steel capacity in next 3 years

15 Nov 2019 15:54 reported by Jordan Huang

A A A
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.

Back to Steel News

Related News

Spain’s Transmesa invests EUR 15 million in Catalonia plant for hybrid and hydrogen vehicle stainless steel tubes

  • Stainless Steel
  • 21 Apr 2025 15:13

Nickel price rebound expected to ease pressure on Yusco, boost stainless steel market

  • Stainless Steel
  • 21 Apr 2025 13:36

Nickel prices surge by 10% in a week, outpacing other metals

  • Stainless Steel
  • 17 Apr 2025 17:11

US announces final subsidy rate to South Korea’s stainless steel sheet and strip in coils

  • Stainless Steel
  • 17 Apr 2025 15:03

Worldstainless: Global stainless steel production rises by 7% in 2024, driven by Asia

  • Stainless Steel
  • 16 Apr 2025 16:31

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 2,520.00
  • 2,561.00
  • Aluminum
  • 2,327.00
  • 2,366.00
  • Copper
  • 9,103.00
  • 9,132.00
  • Nickel
  • 15,400.00
  • 15,610.00

Learn more

Coil Exchange Center

Learn more