ISSF: Global Stainless Steel Production Up 9% in First Nine Months of 2014
01/02/2015 - The International Stainless Steel Forum (ISSF) has released figures for the first nine months of 2014 showing that stainless steel melt shop production increased by 8.9% year–on–year to 30.9 million metric tons. Production increased in all regions except for Central and Eastern Europe.
Stainless and heat-resisting melt shop steel production [‘000 metric tons]
Region | Quarter | +/- % | 9 Months | +/- % | |||
1/2014 | 2/2014 | 3/2014 | q-o-q | 2013 | 2014 | y-o-y | |
Western Europe/Africa | 2,164 | 2,111 | 1,682 | -20.3% | 5,683 | 5,958 | 4.8% |
Central/Eastern Europe | 71 | 72 | 70 | -2.3% | 215 | 213 | -1.0% |
The Americas | 670 | 717 | 711 | -0.8% | 1,824 | 2,097 | 15.0% |
Asia (w/o China) | 2,234 | 2,216 | 2,161 | -2.5% | 6,487 | 6,611 | 1.9% |
China | 5,084 | 5,603 | 5,336 | -4.8% | 14,176 | 16,022 | 13.0% |
Total | 10,223 | 10,718 | 9,960 | -7.1% | 28,385 | 30,900 | 8.9% |