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 |