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Stainless steel melt shop production decreased by 3.8% year–on–year to 14.5 million metric tons in the first 3 months of 2022

Published 20 June 2022

Brussels 20 June 2022 – The world stainless association released figures for the first three months of 2022 showing that stainless steel melt shop production decreased by 3.8% year–on–year to 14.5 million metric tons.

Stainless steel melt shop production [000 metric tons]

Stainless steel melt shop production [000 metric tons]

Region Quarter +/- % +/- %
1/2021 4/2021 1/2022 q-o-q y-o-y
Europe 1,909 1,767 1,860 5.2% -2.5%
USA 624 538 569 5.7% -8.8%
China 8,708r 7,696r 8,011 4.1% -8.0%
Asia w/o China and S. Korea 1,880 2,023 1,956 -3.3% 4.1%
Others 1,901 2,179 2,053 -5.8% 8.0%
Total 15,022r 14,203r 14,450 1.7% -3.8%

Please also take note that Chinese figures for the last 2 years were revised:

Region Quarter Total +/- %
1/2021 2/2021 3/2021 4/2021 2021 y-o-y
Europe 1,909 1,919 1,586 1,767 7,181 13.6%
USA 624 654 552 538 2,368 10.4%
China 8,708r 8,554r 7,674r 7,696r 32,332r 5.1%
Asia w/o China and S. Korea 1,880 1,845 2,044 2,023 7,792 21.2%
Others 1,901 2,052 2,184 2,179 8,316 42.0%
Total 15,022r 15,023r 14,040r 14,203r 58,289r 12.5%
Region Quarter
Total







1/2020 2/2020 3/2020 4/2020 2020
Europe 1,812 1,370 1,421 1,719 6,323
USA 627 450 499 568 2,144
China 6,209r 7,675r 8,690r 8,466r 31,039
Asia w/o China and S. Korea 1,886 1,080 1,627 1,837 6,429
Others 1,322 1,250 1,520 1,765 5,857
Total 11,856r 11,825r 13,756r 14,355r 51,792r

Others: Brazil, Russia, S. Africa, S. Korea, Indonesia, r=revised
Source: worldstainless

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