In the third quarter of this year, world stainless crude steel output decreased by 7.1 percent quarter on quarter and was up 5.04 percent year on year, amounting to 9.96 million mt, according to the preliminary report released by the International Stainless Steel Forum (ISSF). Meanwhile, in the first nine months of this year, world stainless crude steel output increased by 8.9 percent year on year to 30.9 million mt.
According to the ISSF data, in the first nine months of this year stainless crude steel production increased by 13 percent in China, by 15 percent in the Americas region, by 4.8 percent in the Western Europe and Africa region and by 1.9 percent in the Asia region excluding China, while decreasing by one percent in the Central and Eastern Europe region, all compared with the first nine months of 2013.
Stainless crude steel production (x 1,000 metric tons):
Region |
|
Q-o-q change |
|
Y-o-y change (%) |
||
Q2 2014 |
Q3 2014 |
(%) |
Jan-Sept 2013 |
Jan-Sept 2014 |
||
Western Europe/Africa |
2,111 |
1,682 |
-20.3 |
5,863 |
5,958 |
4.8 |
Central/Eastern Europe |
72 |
70 |
-2.3 |
215 |
213 |
-1 |
The Americas |
717 |
711 |
-0.8 |
1,824 |
2,097 |
15 |
Asia (excluding China) |
2,216 |
2,161 |
-2.5 |
6,487 |
6,611 |
1.9 |
5,603 |
5,336 |
-4.8 |
14,176 |
16,022 |
13 |
|
TOTAL |
10,718 |
9,960 |
-7.1 |
28,385 |
30,900 |
8.9 |