The World Stainless Association has released figures for the first nine months of 2023 showing that stainless steel melt shop production increased by 2.5% year–on–year to 42.6 million metric tons.
In Europe and the US, production decreased by 8.0%, and 12.9% respectively. China registered a growth of 13.4%. Other Asian countries and other parts of the world combined registered a decrease of 12.4% and 13.2% in steel production.
