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MarketWatch reported that stainless steel output reached a record high in 2011 due to higher output from China, and will continue to rise in 2012.
MarketWatch reported that stainless steel output reached a record high in 2011 due to higher output from China, and will continue to rise in 2012.
As quoted in the market news:
From a stainless steel grade point of view, the Chromium-nickel based stainless steel 300 series was the most popular, accounting for 58.2% of total stainless steel production, according to preliminary estimates. The next most popular was the 400 Series Chromium-based stainless steel accounting for 28% of total production while 200 series Chromium-manganese steel accounted for 13.8% of total production.