Stainless steel melt shop production decreased by 1.7% year–on–year to 28.4 million metric tons in the first 6 months of 2023
Brussels 19 October 2023 – The world stainless association released figures for the first half year of 2023 showing that stainless steel melt shop production decreased by 1.7% year–on–year to 28.4 million metric tons.
Stainless steel melt shop steel production [000 metric tons]
Region | Quarter | 1. Half year | +/- % | ||
1/2023 | 2/2023 | 2022 | 2023 | y-o-y | |
Europe | 1,640 | 1,495 | 3,621 | 3,136 | -13.4% |
USA | 478 | 465 | 1,089 | 942 | -13.5% |
China | 8,273 | 9,314 | 16,251 | 17,587 | 8.2% |
Asia w/o China and S.Korea | 1,631 | 1,687 | 3,887 | 3,318 | -14.6% |
Others | 1,662 | 1,799 | 4,083 | 3,462 | -15.2% |
Total | 13,685 | 14,759 | 28,931 | 28,444 | -1.7% |
Others: Brazil, Russia, S.Africa, S.Korea, Indonesia, r=revised |
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