Aug. 31, 2016

Global Stainless Production Increases in First Quarter

Global stainless steel production increased 0.4 percent to 10.3 million tons in the first three months of this year, compared with the first quarter of 2015, reports the International Stainless Steel Forum, Brussels.

Producers in the Americas experienced a large year-over-year decline, falling 16.4 percent to 642,000 tons in the first quarter. Production was up 6.7 percent compared with the fourth quarter.

Western Europe/African production also declined in the quarter, dipping 2.6 percent to 1.8 million tons. Chinese production grew by 3.8 percent to 5.0 million tons, while production in the rest of Asia increased 1.2 percent to 2.4 million tons, compared with first-quarter 2015.


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Tuesday, October 24, 2017