The world stainless association has released figures for the full year of 2023 showing that stainless steel melt shop production increased by 4.6% year–on–year to 58.4 million metric tons
Published 11 April 2024
Brussels 11 April 2024 – The world stainless association has released figures for the full year of 2023 showing that stainless steel melt shop production increased by 4.6% year–on–year to 58.4 million metric tons.
Stainless steel melt shop steel production [000 metric tons]
| Region | Quarter | Total | +/- % | |||
| 1/2023 | 2/2023 | 3/2023 | 4/2023 | 2023 | y-o-y | |
| Europe | 1,636 | 1,495 | 1,270 | 1,502 | 5,902 | -6.2% |
| USA | 478 | 465 | 442 | 440 | 1,824 | -9.6% |
| China | 8,418r | 9,291r | 9,970r | 8,997 | 36,676 | 12.6% |
| Asia w/o China and S. Korea | 1,631 | 1,687 | 1,619r | 1,943 | 6,880 | -7.2% |
| Others | 1,665 | 1,809 | 1,798 | 1,891 | 7,163 | -5.2% |
| Total | 13,828r | 14,745r | 15,099r | 14,773 | 58,444 | 4.6% |
| Region | Quarter | Total | ||||
| 1/2022 | 2/2022 | 3/2022 | 4/2022 | 2022 | ||
| Europe | 1,860 | 1,761 | 1,169 | 1,503 | 6,294 | |
| USA | 569 | 520 | 500 | 429 | 2,017 | |
| China | 8,097r | 8,454r | 7,357r | 8,668r | 32,575r | |
| Asia w/o China and S. Korea | 1,956 | 1,930 | 1,752 | 1,773 | 7,411 | |
| Others | 2,053 | 2,030 | 1,991 | 1,483 | 7,557 | |
| Total | 14,535r | 14,695r | 12,768r | 13,856r | 55,855 | |
Others: Brazil, Russia, S. Africa, S. Korea, Indonesia, r=revised
Source: worldstainless
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