Global stainless crude steel production has risen 6% Y-o-Y in the first quarter of 2013, according to preliminary data published by the International Stainless Steel Forum (ISSF). Except China, all regions reported lower production volumes.
The highest drop in year-on-year production was in the Asia excluding China area. Here production fell by 3.6% to 2.1 Mt compared to the first quarter of 2012. Eastern Europe reported a decline in stainless crude steel production of 3%. In Western Europe/Africa, stainless steel producers reduced production by 2.8% to 2.1 Mt. The Americas region achieved production of 0.6 mmt, almost the same as in the corresponding quarter of 2012...............................................Full Article: Source
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