The world stainless association released figures for the first half year of 2024 showing that stainless steel melt shop production increased by 6.3% year–on–year to 30.4 million metric tons.
In Europe and the US, production increased by 0.3%, and 9.0% respectively. China registered a growth of 5.9%. Other Asian countries and other parts of the world combined registered an increase of 9.0% and 10.5% in steel production.