China: Stainless steel production drops m-o-m in Aug

  • China’s stainless steel production was recorded at 2.38 mnt in Aug’22, a decrease of 5.6% as against 2.52 mnt in Jul’22, as per data maintained with SteelMint.
  • Output of 300 series stood at 1.30 mnt, 200 series at 0.78 mnt, and 400 series at 0.30 mnt.
  • On a y-o-y basis, the production volume went down by 15% as against 2.81 mnt in Aug’21.

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