Stainless steel production decreases by 8.0% to 11.7 million tons in the first three months of 2020

Published 02 July 2020

Brussels 02 July 2020 – The International Stainless Steel Forum (ISSF) has released figures for the first three months of 2020 showing that stainless steel melt shop production decreased by 8.0% year–on–year to 11.7 million metric tons.

Stainless steel melt shop steel production [000 metric tons]

Region

Quarter

+/- %

+/- %

1/2019

4/2019

1/2020

q-o-q

y-o-y

Europe

1,899

1,572

1,779

13.1%

-6.3%

USA

704

574

627

9.1%

-10.9%

China

6,684

6,910

6,080

-12.0%

-9.0%

Asia w/o China and S. Korea

1,961

2,023

1,886

-6.8%

-3.8%

Others

1,464

1,339

1,323

-1.2%

-9.7%

Total

12,711

12,418

11,693

-5.8%

-8.0%

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

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