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China boosts stainless steel output in August

Steel mills in China produced a total of 3.217 million tons of stainless steel in August 2023. The increase was 1.66% y-o-y from July and 41.18% from a year earlier, the Shanghai Metal Market (SMM) said.

China boosts stainless steel output in August

In particular, 200 series stainless steel production increased by 1.7% m-o-m to 0.956 million tons.

Production of 300 series steel rose 3.28% from July to 1.678 million tons. The 400 series steel produced 0.583 million tons, up by 0.74%.

Stainless steel production in China is expected to remain at high levels in September.


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