The International Stainless Steel Forum (ISSF) has released figures for the full year 2016 showing that stainless steel melt shop production increased by 10.2% year–on–year to 45.8 million metric tons.
In Western Europe/Africa, the stainless steel shop production was 7, 705 MMT, which was 2.5% increase from 2015. In Central/Eastern Europe, the production was 247 million metric tons, which was a 4.6% downslide as compared to 2015. In the Americas, the production improved by 6.7% against 2015, and totalled 2, 931 MMT. In Asia (w/o China), the production was 9,957 MMT, which was a clear 5.2% increase from 2015. In China, alone the production was 24, 938 MMT, which was 15.7% from the year 2015.
