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Chinese stainless steel output expected to reach 9 million tons in 2015

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Some participants expressed in a stainless steel industry meeting in China that Chinese stainless steel output would reach 9 million tons in 2015.

Besides, its stainless steel crude steel's production capacity will be 10 million tons in 2007, accounting for around 33 percent of the total production capacity in world.

According to the Chinese Special Steel Association (CSSA), the government is supporting some stainless steel projects by Baoxing, Shanghai Krupp Stainless and Posco. Therefore, the cold rolled production capacity increased to 5.50 million tons.

On the other side, the government also encourage the technology renovation of Tisco and Baosteel to increase the HR production capacity.

News Date 26 Nov 2007 14:00:39 reported by Kaka Shu

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