Global stainless steel meltshop production falls nearly 4%, y-o-y, in Q1 2022

Global stainless steel meltshop production decreased by 3.8% y-o-y to 14.45 mnt in Q1 2022 as against 15.02 mnt in the year-ago period, as per Q1 data released by the World Stainless Steel Association. China was the largest producer of stainless steel at 8 mnt during the period, although China’s production decreased by 8% y-o-y.