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