China: Stainless steel production inches down m-o-m in November

  • China’s stainless steel production was recorded at 2.85 mnt in Nov’22, a marginal drop of 1% as against 2.89 mnt in Oct’22, as per data maintained with SteelMint.
  • Output of which, 300 series stood at 1.51 mnt, 200 series at 0.91 mnt, and 400 series at 0.43 mnt.
  • The production volume went up by 10% y-o-y as against 2.6 mnt in Nov’21. While volume stood at 29.81 mnt in Jan-Nov’22 period.

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