China’s stainless steel output down 1.5% in November-Shanghai Metals Market

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China’s stainless steel output down 1.5% in November

Industry News 04:00:47PM Dec 20, 2017 Source:SMM

SHANGHAI, Dec 20 (SMM)-China’s stainless steel output reached 2.15 million mt in November, down 1.5% from October.

Series 200 saw production down 4.1% month on month to 633,000 mt, series 300 was down 1.2% to 1.08 million mt, while series 400 was up 1.5% to 438,000 mt.

Price wise, November saw downward movement as mills’ profits narrowed and cut production. Some mills including Shangtai Enterprise in Inner Mongolia and JISCO Stainless have gone on maintenance last month.

Total output from January to November stood at 22.28 million mt, up 5% from the same period last year, according to SMM research.

 


For news cooperation, please contact us by email: gaotian@smm.cn or service.en@smm.cn. 

Key Words:  stainless steel   output   November 

China’s stainless steel output down 1.5% in November

Industry News 04:00:47PM Dec 20, 2017 Source:SMM

SHANGHAI, Dec 20 (SMM)-China’s stainless steel output reached 2.15 million mt in November, down 1.5% from October.

Series 200 saw production down 4.1% month on month to 633,000 mt, series 300 was down 1.2% to 1.08 million mt, while series 400 was up 1.5% to 438,000 mt.

Price wise, November saw downward movement as mills’ profits narrowed and cut production. Some mills including Shangtai Enterprise in Inner Mongolia and JISCO Stainless have gone on maintenance last month.

Total output from January to November stood at 22.28 million mt, up 5% from the same period last year, according to SMM research.

 


For news cooperation, please contact us by email: gaotian@smm.cn or service.en@smm.cn. 

Key Words:  stainless steel   output   November