World steel output rises thanks to China: ISSF

May 17, 2013 | 04:48 PM | Daniel Fitzgerald

Tags  stainless steel, stainless production, ISSF, International Stainless Steel Forum, Daniel Fitzgerald

NEW ORLEANS — Global stainless steel production grew 5.2 percent to 35.4 million tonnes in 2012, although output in regions outside China declined due to destocking, according to the International Stainless Steel Forum (ISSF).

Stainless steel production of 2.37 million tonnes in the Americas was 4.7 percent lower than in 2011, preliminary figures from the ISSF showed. While production in the second and third quarters of 2012 showed year-on-year growth of 2.5 and 9.1 percent, respectively, the first and fourth quarters yielded year-on-year drops of 22 and 2.2 percent.....

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