Stainless Steel production increase

08 January 2019

The International Stainless Steel Forum (ISSF) has released figures for the first nine months of 2018, showing that stainless steel melt shop production increased by 10.0% year-on-year to 39.1 million metric tons.

In Europe and the US, the production increased by 1.6%, and 4% respectively. However, China and other Asian countries registered 8.5% and 4.9% growth. The rest of the world combined registered 52.1% increase in the steel production. This suggests a positive year ahead in 2019 for stainless steel.