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

Brussels 20 December 2022 – The 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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