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Stainless steel melt shop production decreased by 5.1% y–o–y to 41.9 million metric tons in the first nine months of 2022

Published 20 December 2022

Brussels 20 December 2022 – The world stainless association has released figures for the first nine months of 2022 showing that stainless steel melt shop production decreased by 5.1% year–on–year to 41.9 million metric tons.

Stainless steel melt shop steel production [000 metric tons]

Region Quarter 9 months +/- %
1/2022 2/2022 3/2022 2021 2022 y-o-y
Europe 1,860 1,767 1,181 5,413 4,809 -11.2%
USA 569 520 500 1,830 1,589 -13.2%
China 8,038r 8,334r 7,263 24,936 23,635 -5.2%
Asia w/o China and S. Korea 1,956 1,930r 1,859 5,769 5,746 -0.4%
Others 2,053 2,030 1,991 6,137 6,074 -1.0%
Total 14,477r 14,581r 12,794 44,085 41,852 -5.1%

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