9,321.64 TRY BIST 100 BIST 100
5.27 CNY CNY CNY
44.06 EUR EUR EUR
38.20 USD USD USD
0.12 CNY CNY/EUR CNY/EUR
45.84 TRY Interest Interest
66.96 USD Fossil Oil Fossil Oil
40.44 USD Silver Silver
4.76 USD Copper Copper
99.35 USD Iron Ore Iron Ore
352.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,286.58 TRY Gold (gr) Gold (gr)

China's stainless steel production increased in 2023

According to the latest statement of the China Iron and Steel Association Stainless Steel Council (CSSC) on January 26, China's total raw stainless steel production in 2023 reached 36.68 million tons, an increase of 12.6 percent compared to the previous year.

China's stainless steel production increased in 2023

According to CSSC data, production of all stainless series increased significantly last year; The volume of 400 series stainless reached 6.48 million tons in total, with an annual increase of 15.7 percent. China's high-quality duplex stainless production increased by 14 percent last year, reaching 393,381 tons and accounting for 1.07 percent of the country's total production.

The growth in China's stainless steel production is explained by the fact that local demand is strong, encouraging manufacturers to produce at high levels.

According to CSSC, China's apparent stainless steel consumption in 287023 increased by 10.6 percent compared to the previous year, reaching 31.08 million tons.

However, according to CSSC's statement, the country's stainless steel exports decreased by 9.1 percent to 4.14 million tons, while the import volume decreased by 37 percent to 2.07 million tons.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

April prices fluctuated in Egypt's rebar market

Tuesday, April 22, 2025

Türkiye's consumer confidence index decreased again in April

Tuesday, April 22, 2025

EU supports Spain with 400 million euros in hydrogen production support

Tuesday, April 22, 2025

İsdemir to build a SPP worth TRY 701.6 million in Diyarbakır

Tuesday, April 22, 2025

Egypt and Saudi Arabia to cooperate on green energy

Tuesday, April 22, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now