Stainless steel production decreases by 8.0% in first quarter of 2020
by David Fleschen
The International Stainless Steel Forum (ISSF) has released figures for the first three months of 2020 showing that stainless steel melt shop production decreased by 8.0% year–on–year to 11.7 million metric tons.
Stainless steel melt shop steel production [000 metric tons]
|
Region |
Quarter |
+/- % |
+/- % |
|||
|
1/2019 |
4/2019 |
1/2020 |
q-o-q |
y-o-y |
||
|
Europe |
1,899 |
1,572 |
1,779 |
13.1% |
-6.3% |
|
|
USA |
704 |
574 |
627 |
9.1% |
-10.9% |
|
|
China |
6,684 |
6,910 |
6,080 |
-12.0% |
-9.0% |
|
|
Asia w/o China and S. Korea |
1,961 |
2,023 |
1,886 |
-6.8% |
-3.8% |
|
|
Others |
1,464 |
1,339 |
1,323 |
-1.2% |
-9.7% |
|
|
Total |
12,711 |
12,418 |
11,693 |
-5.8% |
-8.0% |
|
Source: ISSF, Photo: Fotolia