01.08.2013 - Global crude stainless steel production to hit an all time high of 36.4 mln tons in 2013: MEPS
Surge in production in China while moderate growth or contraction in many other parts of the world would lead to a record output of 36.4 mn tons of stainless steel in 2013, according to MEPS International, UK. A year on year increase of 7% is forecast for 2013, giving a total outturn of over 17 mn tons. Stainless steelmaking in the established markets of the EU, United States and the Far East remain below the pre-crisis peak of 2006. Chinese production has more than tripled since that time...............................................Full Article: Source
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