2022 Stainless steel melt shop production decreases by 5.2% to 55.3 million tons
Published 03 April 2023
The world stainless association has released figures for the full year of 2022 showing that stainless steel melt shop production decreased by 5.2% year–on–year to 55.3 million metric tons.
Stainless steel melt shop steel production [000 metric tons]
Region | Quarter | Total | +/- % | |||
1/2022 | 2/2022 | 3/2022 | 4/2022 | 2022 | y-o-y | |
Europe | 1,860 | 1,761 | 1,169 | 1,503 | 6,294 | -12.4% |
USA | 569 | 520 | 500 | 429 | 2,017 | -14.8% |
China | 7,947r | 8,304r | 7,207r | 8,518 | 31,975 | -2.0% |
Asia w/o China and S. Korea | 1,956 | 1,930 | 1,752r | 1,773 | 7,411 | -4.9% |
Others | 2,053 | 2,030 | 1,991 | 1,483 | 7,557 | -9.1% |
Total | 14,385r | 14,545r | 12,618r | 13,706 | 55,255 | -5.2% |
Region | Quarter | Total | ||||
1/2021 | 1/2021 | 3/2021 | 4/2021 | 2021 | ||
Europe | 1,909 | 1,919 | 1,586 | 1,767 | 7,181 | |
USA | 624 | 654 | 552 | 538 | 2,368 | |
China | 8,708 | 8,554 | 7,674 | 7,696 | 32,632 | |
Asia w/o China and S. Korea | 1,880 | 1,845 | 2,044 | 2,023 | 7,792 | |
Others | 1,901 | 2,052 | 2,184 | 2,179 |
8,316 |
|
Total | 15,022 | 15,023 | 14,040 | 14,203 |
58,289 |
Others: Brazil, Russia, S. Africa, S. Korea, Indonesia, r=revised
Source: worldstainless