STEEL NEWS

Stainless steel production in China declines 6% in the first half

According to the official statistics of the PRC, the total production of unrefined stainless steel in the country in the first half of this year amounted to about 13 million tons, down 6% year on year.

Moreover, China's total stainless steel imports in the first half of this year were about 91,400 tons, down 6.4% year on year; and total stainless steel exports from China in the first half of 2020 were about 1.6 million tonnes, down 5% year on year.

Based on apparent consumption, the total in China in the first half of the year was about 11.2 million tonnes, down 6% year on year.