Follow on Google News News By Tag * Stainless Steel Distributors * Slit Coil * Blanks * Sheet * Plate * Wire * Nails * Strip * Banding * More Tags... Industry News News By Place Country(s) Industry News
Follow on Google News | Stainless steel production increase Q3 2009Excluding China, stainless steel production in Asia was 5 million metric tons (mmt) in the first nine months of 2009...
By: Martin Wyatt Excluding China, stainless steel production in Asia was 5 million metric tons (mmt) in the first nine months of 2009, a decline of 23% compared to the same period of 2008. Production was reduced significantly in India and Japan while production levels remained flat in Korea and Taiwan, China. Stainless production in China was 6.6 mmt in the first nine months of 2009, an increase of 19.1% on the same period of 2008. China now accounts for almost 37% of the world’s stainless production. At the end of the third quarter of 2008, China’s market share was just 26%. The Western Europe/Africa region produced 4.6 mmt of stainless during the first nine months of 2009, a decrease of 31.5%. Production also declined in The Americas region to 1.5 mmt, a 22.9% drop on the same period of 2008. The volume of stainless produced in the Central and Eastern Europe region was just 0.2 mmt for the period, a drop of 38.2% on the previous year. # # # Supply and processing of stainless steel coil, stainles steel wire, plate, sheet, nails and section. From our head office we control sales, distribution and logistics throughout the UK and around the world as part of our global strategy. End
Account Email Address Disclaimer Report Abuse
|
|