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Global stainless steel production increased by 2.5% in 9 months

In the first nine months of 2023, stainless steel production increased by 2.5% yoy to 42.6 million metric tons.

Global stainless steel production increased by 2.5% in 9 months

According to the International Stainless Steel Forum (ISSF), global stainless steel production for January-September 2023 increased by 2.5% to 42.604 million tons compared to the same period in 2022. Yesterday, stainless steel production decreased in all major regions except China.

According to published data, in the nine months of last year, stainless steel production in Europe decreased by 8% to 4.407 million tons in January-September 2022, while in the USA it decreased by 12.9% to 1.384 million tons.

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