Industry News

China’s stainless steel consumption to drop in 2022

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Update time : 2022-10-24 18:07:03
According to statistics from the world stainless association, China’s stainless steel consumption was expected to fall by 2.3% year on year in 2022, the first year-on-year drop since 2008.

In 2021, the apparent consumption of stainless steel in China totaled 26.1 million tons.

For the outlook of 2023, China’s prospective performance of stainless steel consumption is optimistic, but the overall market is still uncertain under the impact of the COVID-19 epidemic and the economic condition worldwide.
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