In 2003, stainless steel output will increase

Friday, 03 October 2003 09:23:00 (GMT+3)   |  

In 2003, stainless steel output will increase

According to industry reports, the stainless steel production is forecasted to grow by 4.5% this year and reach 19.75 million tons. The figure will increase to 20.5 million tons, by adding 750'000 tons produced in China and other parts of Europe. EU stainless steel production is expected to increase by 300'000 tons or 3.6% this year. Furthermore, a grow is estimated in the Japanese production. In addition, the booming exports to China have now reduced. It seems that the second half of the year will be less active than the first half. Many mills cut down their productions in the third quarter. However, it is forecasted that the mills will return to normal production levels in the last quarter.

Marketplace Offers

Hot Drawn Stainless Plate

Thickness 2 - 6 mm
Width 1,000 - 1,500 mm
Length 2,000 - 6,000 mm
 
Tedarikçi MAIAK-M
View Offer

Cold Drawn Stainless Plate

Thickness 0.5 - 3 mm
Width 1,000 - 1,250 mm
Length 2,000 - 2,500 mm
 
Tedarikçi MAIAK-M
View Offer

Hot Drawn Stainless Coil

Thickness 0.45 - 1.45 mm
Width 0 mm
Coil  R
 
Tedarikçi SAMBHV SPONGE POWER LIMITED
View Offer

Similar articles

BHP Billiton denies Rio Tinto backsliding on iron ore tie-up

Russian oil companies ask to prolong agreement on Ukraine’s duty free pipe imports

Sandvik to open new strip service center in China

ISSF: Signs of stainless steel production recovery in Q2

Turkish stainless steel sector remains sluggish

SMS Innse receives order from Inner Mongolian steelmaker

Turkish stainless market at standstill

Siemens VAI starts up vertical slab caster at Baosteel

Mechel increases output at Tikhvin Ferroalloy Smelting Plant

Stainless steel markets gain speed