The International Stainless Steel Forum (ISSF) has released figures for the first three months of 2018 showing that stainless steel melt shop production increased by 9.5% year-on-year to 12.8 million metric tons.
In Europe and US the production increased by 10% and 9.8% respectively. However China and other Asian countries registered negative, with -1.9% and -1.6% compared to the first three months of 2017. The rest of the world combined registered 10.3% increase in the steel production.