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China’s stainless steel demand in good shape due to growing consumption

7 Oct 2020 14:23 reported by Joy Liu

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China’s stainless steel output dropped by 2.74% year on year in the first half of 2020, and the output was expected to keep stable or slightly hike for the whole 2020.

It was estimated that China’s apparent consumption of stainless steel will keep growing this year, learned from the current market condition.

Due to the possible growth in China's per capita consumption of stainless steel and rapid growth in China's actual stainless steel consumption, the country’s demand for stainless steel is basically in a good situation.

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