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Global Stainless Steel Production and Trend of Variety Structure

ISSF:2013-2018 global stainless steel crude steel production statistics unit: 10000 tons

From the above charts, we can see that although North America and Asia (except China) have a certain increase in output, the growth rate has been slow in the past 12 years. Western Europe / Africa and central / Eastern Europe and even the current production of stainless steel is also lower than in 2007, a negative growth. China is the world's most rapid growth area of stainless steel production. In 2007, China's stainless steel output reached 7.21 million tons and reached 25.77 million tons in 2017. The overall growth rate was significantly higher than the growth rate of global stainless steel crude steel production. In addition, in the second half of 2017, China's steel plants invested in Indonesia began to put into operation, forming a new global stainless steel growth point.

In addition, the technological revolution in the global stainless steel industry is fastest in China. Therefore, China is the focus of the global stainless steel industry chain.

From the global stainless steel variety structure, 300 series stainless steel has always been the most mainstream steel, accounting for about 55%, and second of the 400 series stainless steel, especially the developed countries in Europe, America, Japan and South Korea, and the 400 system ratio is 30% to 49%. the proportion of third is 200 series stainless steel, and the 200 series of private steel mills in China is put into production in 2011~2012 years, which makes the output of the 200 series of stainless steel increase to more than 20% from 10%, and the main consumption market of the 200 stainless steel is in China and India.

The innovation of stainless steel production technology has promoted the continuous increase of production in the world and various regions. The transformation of production technology has boosted the scale and specialization of the world stainless steel industry, as well as the rise of the production of stainless steel. Especially in the past 10 years, the rapid development of developing countries, the continuous increase of demand and consumption of stainless steel has promoted the rapid development of the world's stainless steel industry.

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