ISSF expects stainless steel production to grow further in 2007

Monday, 21 May 2007 14:28:40 (GMT+3)   |  

The International Stainless Steel Forum (ISSF) expects that global stainless crude steel production in 2007 will be higher than the record-level of production in 2006.

ISSF expects global stainless crude steel production to reach 29.8 million metric tons in 2007. This indicates a rise of 5.1 percent on 2006 production.

Global stainless steel production increased 16.7 percent year on year to 28.4 million metric tons in 2006.  

Stainless crude steel production (in ‘000 metric tons) 

Region

2005

2006

+/- %

2007 (e)

+/- %

Western Europe/Africa

8,795

9,971

13.4

9,700

-2.7

Central/Eastern Europe

310

363

16.8

400

10.3

Americas

2,688

2,951

9.8

2,850

-3.4

Asia

12,498

15,074

20.6

16,850

11.8

World total

24,292

28,358

16.7

29,800

5.1


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