Tag: market risk aversion

China: Stainless steel production hits record high in Mar’25 due to improved profit margins

Apr 10, 2025

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by

Manya Dewangan

in Stainless Steel

Profits rise as 304 SS CRC tags climb up by RMB 550/t Warmer weather, rising end-user demand boost trades Mysteel: China’s crude stainless steel production reached a record high in March, totalling 3.51 mnt, marking an 11.6% increase from February and an 11.25% rise compared to March 2024. The sharpest gain was seen in austenitic…