In The First Half Of The Year, The Production Of Stainless Steel Crude Steel Increased By 8.22% To 17.5868 Million Tons

Aug 09, 2023

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On July 31, 2023, the Stainless Steel Branch of the China Iron and Steel Association announced the following statistics on the production, import and export and apparent consumption of stainless steel crude steel in mainland China from January to June 2023:

1, 2023 from January to June stainless steel crude steel production

From January to June 2023, the output of stainless steel crude steel was 17.5868 million tons, an increase of 1.3363 million tons, an increase of 8.22%. Among them, Cr-Ni stainless steel production of 885.23 million tons, an increase of 886,800 tons, an increase of 11.13%, the share of 50.33%, an increase of 1.32 percentage points; The production of Cr-Mn stainless steel was 5,390,600 tons, an increase of 408,400 tons, an increase of 8.20%, and the share was 30.65%, which was flat year-on-year; Cr stainless steel production was 3.175,400 tons, an increase of 28,100 tons, an increase of 0.89%, the share of 18.07%, a decrease of 1.31 percentage points; Duplex stainless steel 168,517 tons, an increase of 13,012 tons, up 8.37%.

2. Stainless steel import and export data from January to June 2023

From January to June 2023, the total import of stainless steel was 842,800 tons, a decrease of 842,200 tons, or 49.98%. Among them: the cumulative amount of stainless steel imported from Indonesia was 642,700 tons, a decrease of 775,800 tons, a decrease of 54.69%.

From January to June 2023, the total export of stainless steel was 2,038,900 tons, a decrease of 381,600 tons, or 15.77%.

From January to June 2023, the total net export of stainless steel was 1,196,100 tons, an increase of 225,200 tons from the previous month, an increase of 23.19%; An increase of 455,400 tons, an increase of 61.92%.

3. Apparent consumption of stainless steel from January to June 2023

From January to June 2023, the apparent consumption of stainless steel was 14.790,300 tons, an increase of 798,200 tons, an increase of 5.74%.

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