Industry News

ISSF: Global stainless steel consumption to decline by nearly 7.8% in 2020

Update time : 2020-06-15 20:09:46

The International Stainless Steel Forum (ISSF) said that global stainless steel consumption was expected to reach 41.24 million tons this year, declining by 3.47 million tons or 7.8% year on year.

The sharp decrease was due to the huge impact on the global economy caused by the novel coronavirus epidemic.

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