Tag: china stainless steel
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China: Stainless steel production appears to be stagnant in CY22
China, world’s largest stainless steel producer and consumer, witnessed its production inching up to 32.66 million tonnes (mnt) in calendar year 2022 (CY22) by 1% as against 32.4 mnt in CY21, as per data maintained with SteelMint. Restrictions imposed by Covid-19, price swings, an energy crisis, a short supply, and low usage of stainless steel…