The International Stainless Steel Forum (ISSF) has released figures for the first nine months of 2019 showing that stainless steel melt shop production increased by 3.4% year-on-year to 39.8 million metric tons.
In Europe and the US, the production decreased by 7.2%, and 7.5% respectively. China registered a growth of 11.7%. Other Asian countries and other parts of the world combined registered a decrease of 5.4% and 3.1% in steel production.