Steel News

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

Global crude stainless steel production to drop in Q2 y-o-y

4 Aug 2020 13:31 reported by Joy Liu

A A A
Global crude stainless steel production was expected to be 47.2 million tons in 2020, dropping by 10% compared to the previous year. The decrease was mainly due to the COVID-19 epidemic and worldwide national and local government’s prevention measures in many stainless steel producing areas to restrict virus spread.

The drop in global crude stainless steel production was started to be reflected this March. The output in the first quarter dropped by 6% year on year.

The independent steel industry analyst MEPS foresaw that global crude stainless steel will be down by 20% in the second quarter compared to the same period a year ago.

Back to Steel News

Related News

Taiwan’s Tang Eng keeps stainless steel prices flat for Oct

  • Stainless steel
  • 30 Sep 2020 15:45

Russian stainless steel imports drop in Aug m-o-m

  • Stainless steel
  • 30 Sep 2020 15:37

Taiwan’s Yusco keeps stainless steel prices flat for Oct

  • Stainless steel
  • 29 Sep 2020 15:24

Taiwan’s Walsin Lihwa raises stainless steel prices for Oct

  • Stainless steel
  • 28 Sep 2020 15:06

South Korea launches AD investigation on stainless steel plates from 3 countries

  • Stainless steel
  • 28 Sep 2020 15:06

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 2,418.00
  • 2,429.50
  • Aluminum
  • 1,746.00
  • 1,780.00
  • Copper
  • 6,546.00
  • 6,558.00
  • Nickel
  • 14,470.00
  • 14,512.00

Learn more

Coil Exchange Center

  • 2B Coil-Nov
  • 2,450
  • 2,310
  • NO1 Coil-Nov
  • 2,420
  • 2,280
  • 2B Coil-Nov
  • 2,450
  • 2,310
  • NO1 Coil-Nov
  • 2,420
  • 2,280

Learn more