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In the first quarter of 2022, China’s crude stainless steel production fell by about 8% year-on-year

The stainless steel branch of China Special Steel Enterprises Association released the statistical data on the production, import, export and apparent consumption of stainless steel crude steel in mainland China in the first quarter of 2022 as follows: In the first quarter of this year, it decreased by 697,000 tons year-on-year, or about 8%. Among them, the output of cr-ni stainless steel was about 4.064 million tons, an increase of about 177,000 tons, an increase of 4.56%, and its share reached 50.73 %, an increase of 6.1 percentage points year-on-year; the output of cr-mn stainless steel was about 2.356 million tons, It decreased by nearly 568,000 tons, a decrease of 19.41%, and its share was 29.41%, a decrease of 4.17 percentage points; the output of cr series stainless steel was about 1.538 million tons, a decrease of about 300,000 tons, a decrease of 16.33%, and its share was 19.2 %, a decrease of 1.91 percentage points; the output of duplex stainless steel was 52,387 tons, a year- on-year decrease of 6,340 tons, a decrease of 10.8%. 2. Import and export volume: In the first quarter of 2022, the country imported nearly 944,900 tons of stainless steel, an increase of about 402,100 tons or 74.07% year-on -year compared with the first quarter of 2021. In the first quarter of 2022, the country exported about 1,062,100 tons of stainless steel, an increase of about 191,400 tons or 21.99% year-on-year. 3. Apparent consumption: The apparent consumption of stainless steel in the first quarter of 2022 was 7,099,900 tons, a year-on-year decrease of 436,600 tons or 5.79% from the first quarter of 2021.

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Post time: May-13-2022