Stainless steel production decreases by 2.5% to 50.9 million tons in 2020

Published 15 March 2021

Brussels 15 March 2021The International Stainless Steel Forum (ISSF) has released figures for the full year 2020 showing that stainless steel melt shop production decreased by 2.5% year–on–year to 50.9 million metric tons.

Stainless steel melt shop steel production [000 metric tons]

Region Quarter Total +/- %
1/2020 2/2020 3/2020 4/2020 2020 y-o-y
Europe 1,812 1,370 1,421 1,719 6,323 -7.1%
USA 627 450 499 568 2,144 -17.3%
China 5,989r 7,455r 8,460r 8,236 30,139 2.5%
Asia w/o China and S. Korea 1,886 1,080 1,627 1,837 6,429 -18.6%
Others 1,322 1,250 1,520 1,765 5,857 6.0%
Total 11,636r 11,605r 13,526r 14,125 50,892 -2.5%
Region Quarter Total  
1/2019 2/2019 3/2019 4/2019 2019
Europe 1,899 1,842 1,492 1,572 6,805
USA 704 647 669 574 2,593
China 6,684 7,670 8,135 6,910 29,400
Asia w/o China and S. Korea 1,961 1,938 1,973 2,023 7,894
Others 1,464 1,306 1,416 1,339 5,525
Total 12,711 13,404 13,684 12,418 52,218

Others: Brazil, Russia, S. Africa, S. Korea, Indonesia
r: revised
Source: International Stainless Steel Forum (ISSF)

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