SMM, July 5 / PRNewswire-Asianet /-
According to a survey by SMM, the national stainless steel output in June was 2.3449 million tons, down 2.34 percent from the previous month and up 23.73 percent from the same period last year. Separately, the output of the 300th series in June was 1.126 million tons, a decrease of 2.76% compared with the previous month. According to the SMM survey, the circular decrease in the output of the 300th series in March was mainly due to the reduction of 300series production in some steel mills due to costs and orders. The output of the 200 series was reduced by 2% to 883000 tons, mainly due to the maintenance of the South China Steel Plant. The output of the fourth series decreased by 1.95 per cent to 428500 tons compared with the previous month.
SMM investigated the initial output of 2.5045 million tons in July, of which the output of 200series increased by 5.44% to 931000 tons, 1.144 million tons, 1.6% and 429500 tons, respectively, and increased by 0.23% compared with the previous month.
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