The International Stainless Steel Forum (ISSF) reported on Monday that after three years of declining global stainless steel production, output increased by 24,9% in 2010 to a new record of 30,7-million tons.
The ISSF said that the strong recovery was driven by a number of positives including the economic recovery, strong end-use demand, restocking and refilling of supplies.
Asian steel producers account for 65% of the world’s stainless steel production. Output in the region, excluding the world’s largest steel producer China, increased by almost 21% to 8,6-million tons.
China, which was the driving force in stainless steel production even during the global economic crisis, boosted its production by a further 27,8-million tons to 11,3-million tons for the twelve months.
The second biggest producing area was Western Europe and Africa which increased output by 22,1% to 7,9-million tons in 2010. All players in the region contributed significantly to the growth, except for South Africa.
All other regions also increased their stainless crude steel melting, with the Americas growing production to 2,6-million tons and Central and Eastern Europe producing 0,3-million tons.
豫公网安备41010502003434号