SHANGHAI, Jun. 15 (SMM) – China’s stainless steel output is expected to drop by 5 per cent in 2017 on a yearly basis, said Liu Yanping, Deputy Secretary-general of Stainless Steel Council of China Special Steel Enterprises Association.
In 2017, stainless steel output in China is expected to fall by 5 per cent from 24.94 million tonnes in 2016. China’s stainless steel capacity is estimated to grow from about 34 million tonnes in 2016 to 36 million tonnes in 2020.
The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or limited. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.