Global stainless output hits all-time high

May 01, 2014 | 06:12 PM | Rey Mashayekhi

Tags  Meps International, stainless steel, global production, Rey Mashayekhi

NEW YORK — Global stainless steel output reached an all-time high of 38.13 million tonnes last year, exceeding the previous peak achieved in 2012 by 7.8 percent, according to a report from Meps International Ltd.

Worldwide stainless production is expected to grow by a further 3.6 percent in 2014 "to reach a new record of 39.5 million tonnes," the Sheffield, England-based consultancy said May 1.....

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