China’s Stainless Steel Output Gains on Monthly Basis in October

SHANGHAI, Nov.22 (SMM)－China’s stainless steel output gains on monthly basis in October reaches 2.1796 million tonnes, rising 2.55% on monthly basis. Total output from January to October reaches 20.14 million tonnes, rising 6% on yearly basis. In October, each series of stainless steel rose over most time. At the end of October, price dropped a little but still higher than late September. Series 200 rose 9% to 660,600 tonnes in output on monthly basis. Series 300 dropped 1% to 1.083 million tonnes in output on monthly basis. Series 400 rose 2.5% to 435,900 tonnes in output on monthly basis.

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