Tag: Chinese Stainless Steel
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China: Stainless steel production decreases 8% y-o-y in Q1CY22
Chinese stainless steel production decreased 8% y-o-y in Q1CY22. The production volumes stood at 7.65 million tonnes (mnt) against 8.35 mnt in Q1CY21. The highest drop of 16% y-o-y was seen in January which was recovered in the subsequent months, February and March, although there was dip of 6% and 3% y-o-y respectively. The production…