Tag: Global Stainless Steel Production

Stainless steel melt shop production rises by 4.6% in 2023, reaching 58.4 mnt: WSA

Apr 11, 2024

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by

Neha TU

in Stainless Steel

The World Stainless Association (WSA) has disclosed its 2023 full year production data. Global stainless steel production surged to 58.5 mnt, marking a 4.6% y-o-y increase. However, Q4CY23 observed an 8% q-o-q decline to 14.7 mnt. China dominated as the leading producer with 36.6 mnt in CY’23, boasting a significant 12.6% rise from CY’22. Nonetheless,…