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Global Stainless Steel Production Shrinks in H1 of 2020

Steel News - Published on Wed, 30 Sep 2020

Image Source: Global Stainless Steel Production
The International Stainless Steel Forum has released figures for the first half year of 2020 showing that stainless steel melt shop production decreased by 9.4% year–on–year to 23.7 million metric tons.

Stainless Steel Melt Shop Production [000 metric tons]
Region
Q1'20
Q2'20
QoQ
H1'19
H1'20
YoY
Europe
1,790
1,341
-25.1%
3,742
3,131
-16.3%
USA
627
450
-28.2%
1,350
1,077
-20.3%
China
6,080
7,881
29.6%
14,354
13,961
-2.7%
Asia w/o China and S. Korea
1,886
1,080
-42.7%
3,899
2,966
-23.9%
Others
1,323
1,215
-8.2%
2,770
2,538
-8.4%
Total
11,705
11,968
2.2%
26,115
23,673
-9.4%

Others: Brazil, Russia, S. Africa, S. Korea, Indonesia
r: revised
Source: International Stainless Steel Forum (ISSF)

Source :

Posted By : Yogender Pancholi on Wed, 30 Sep 2020
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