As a global supplier of raw materials to the stainless steel industry, we are always on the lookout for market facts, figures and industry related news. The International Stainless Steel Forum has released figures for the full year 2016 showing that stainless steel melt shop production increased by 10.2% year–on–year to 45.8 million metric tons. The table shows the stainless steel melt shop steel production [metric tons x 1000]. An interesting fact is that global stainless steel production has almost doubled in the past decade while China’s share has grown by more than a factor of five.
The International Stainless Steel Forum (ISSF) is a non-profit research organization based in Brussels, Belgium, which represents the interests of the international stainless steel industry towards the general public, consumers, the media and regulatory authorities. The Forum was founded in 1996. For more info: http://www.worldstainless.org/