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First quarters of 2023: Stainless steel melt shop production increased by 2.5%

09.01.2024 08:57 by David Fleschen

The world stainless association has released figures for the first nine months of 2023 showing that stainless steel melt shop production increased by 2.5% year–on–year to 42.6 million metric tons.

Stainless steel melt shop steel production [000 metric tons]

Region Quarter 9 months +/- %
  1/2023 2/2023 3/2023 2022 2023 y-o-y
Europe 1,640 1,495 1,271 4,790 4,407 -8.0%
USA 478 465 442 1,589 1,384 -12.9%
China 8,055r 8,956r 9,594 23,457 26,606 13.4%
Asia w/o China and S. Korea 1,631 1,687 1,619 5,639 4,937 -12.4%
Others 1,662 1,808 1,800 6,074 5,270 -13.2%
Total 13,467r 14,410r 14,727 41,549 42,604 2.5%

Others: Brazil, Russia, S. Africa, S. Korea, Indonesia, r=revised
Source: worldstainless



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