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China’s stainless crude steel production up in Q1

According to Stainless Steel Council of China Special Steel Enterprises Association, China produced 5.084 million tonnes of stainless steel in Q1 2014, an increase of 15.42% compared to 2013.

Among them, stainless steel Cr-Ni products totalled 2.609 million tonnes, up by 22.31% compared to 2013 ; Cr-Mn stainless steel (including some products that do not conform to international standards) products totalled 1.349 million tonnes, up by 4.21% compared to the previous year.

The country imported 216,000 tonnes of stainless steel in Q1 2014, an increase of 29.34% compared to the last year. The country exported 811,000 tonnes of stainless steel, up by 13.43% from the last year.

Source – YIEH CORP

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