China’s stainless steel output rises in 2013
By Nann Cheng , 2014-02-17 12:00:00
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According to data released by the Stainless Steel Council of China Special Steel Enterprises Association (SSC), China’s stainless steel output totaled 18.72 million tons in 2013, rising by 16.3% from a year ago.
Among them, the output of 300 grade stainless steel totaled 9.77 million tons, jumping by 23.3% year on year.
In 2013, the country’s exports of stainless steel amounted to 2.65 million tons, rising by 28.5% from 2012. The import rose slightly by 0.6% to 775,000 tons.
Meanwhile, China’s apparent consumption of stainless steel rose by 13.4% year on year to 14.59 million tons in 2013.