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Global crude stainless steel production is expected to decline by 1% in 2024 China's share has further expanded

Global crude stainless steel production is expected to decline by 1% in 2024 China's share has further expanded

2024-10-31

Global crude stainless steel production is expected to decline by 1% in 2024

China's share has further expanded

In 2024, China's stainless steel crude steel production increased, overseas production declined significantly, and global stainless steel crude steel production fell by 1% year-on-year. Among them, the proportion of China's stainless steel crude steel production will be further expanded.

Global crude stainless steel production is expected to decline by 1% in 2024; Among them, China's stainless steel crude steel production will increase by 1.4 million tons to 35 million tons, an increase of 3%; Indonesia's production decreased by 840,000 tons to 3.93 million tons, and production in Europe and the United States also showed a significant contraction, which is expected to exceed 1 million tons.