Stainless steel melt shop production increased by 2.5% year–on–year to 42.6 million metric tons in the first 9 months of 2023

Published 08 January 2024

The world stainless association has released figures for the first nine months of 2023 showing that stainless steel melt shop production increased by 2.5% year–on–year to 42.6 million metric tons.

 

 

Stainless steel melt shop steel production [000 metric tons]

Region Quarter 9 months +/- %
  1/2023 2/2023 3/2023 2022 2023 y-o-y
Europe 1,640 1,495 1,271 4,790 4,407 -8.0%
USA 478 465 442 1,589 1,384 -12.9%
China 8,055r 8,956r 9,594 23,457 26,606 13.4%
Asia w/o China and S. Korea 1,631 1,687 1,619 5,639 4,937 -12.4%
Others 1,662 1,808 1,800 6,074 5,270 -13.2%
Total 13,467r 14,410r 14,727 41,549 42,604 2.5%

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

 

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