crude stainless steel production rose 14.2 percent to 16.09
million tonnes last year, according to the China Stainless
Steel Council (CSSC).
Production of 300-series
material rose 9.5 percent from 2011 to 7.93 million tonnes,
accounting for 49.3 percent of the countrys total
stainless production; 400-series output rose nearly 3 percent
to 3.21 million tonnes (19.9 percent of stainless production);
and 200-series production increased 32.4 percent to 4.95
million tonnes (30.8 percent of stainless output).
Chinas stainless steel
industry suffered from a volatile market in 2012, which made
the stable 200-series products more favorable.
The countrys stainless
imports fell 14.3 percent to 772,000 tonnes last year, and
exports declined 8.1 percent from 2011 levels to 2.06 million
tonnes. Apparent consumption was 12.86 million tonnes, up 16.4
percent from 2011.
rate rose 3.25 points last year to 94 percent.
The CSSC revised its 2011 production data to nearly 14.1
million tonnes and apparent consumption to almost 11.1 million
A version of this article was first published by AMM sister
publication Steel First.