Stainless steel production decreases by 7.8% to 36.7 million tons in the first nine months of 2020

Published 17 December 2020

Brussels 17 December 2020 – The International Stainless Steel Forum (ISSF) has released figures for the first nine months of 2020 showing that stainless steel melt shop production decreased by 7.8% year–on–year to 36.7 million metric tons.

Stainless steel melt shop steel production [000 metric tons]

Region Quarter 9 months +/-%
  1/2020 2/2020 3/2020 2019 2020 y-o-y
Europe 1,790 1,341 1,414 5,233 4,546 -13.1%
USA 627 450 499 2,019 1,575 -22.0%
China 5,989r 7,455r 8,496 22,490 21,941 -2.4%
Asia w/o China and S. Korea 1,886 1,080 1,627 5,872 4,593 -21.8%
Others 1,322 1,215 1,520 4,186 4,057 -3.1%
Total 11,614r 11,541r 13,557 39,800 36,712 -7.8%

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

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