Stainless steel melt shop production decreased by 5.1% y–o–y to 41.9 million metric tons in the first nine months of 2022

Published 20 December 2022

Brussels 20 December 2022The world stainless association has released figures for the first nine months of 2022 showing that stainless steel melt shop production decreased by 5.1% year–on–year to 41.9 million metric tons.

 

 

Stainless steel melt shop steel production [000 metric tons]

Region Quarter 9 months +/- %
1/2022 2/2022 3/2022 2021 2022 y-o-y
Europe 1,860 1,767 1,181 5,413 4,809 -11.2%
USA 569 520 500 1,830 1,589 -13.2%
China 8,038r 8,334r 7,263 24,936 23,635 -5.2%
Asia w/o China and S. Korea 1,956 1,930r 1,859 5,769 5,746 -0.4%
Others 2,053 2,030 1,991 6,137 6,074 -1.0%
Total 14,477r 14,581r 12,794 44,085 41,852 -5.1%

Others: Brazil, Russia, S. Africa, S. Korea, Indonesia, r=revised
Source: worldstainless

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