SHANGHAI, Oct 31 (SMM) – Stainless steel production at melt shops in China came in at 22.49 million mt for the first nine months of 2019, up 2.36 million mt, or 10.5% from the same period a year earlier, according to data from Special Steel Enterprises Association of China (SSEAC) released on Thursday.
Production of 300-series rose 14.68% year on year to 10.74 million mt, accounting for 47.76% of the total, up 2.23 percentage points from the ratio for a year ago.
During the same period, production of 400-series fell 5.06% to 3.94 million mt, while that of 200-series grew 12.52% to 7.67 million mt.
SSEAC also showed that China’s exports of stainless steel dropped 13.54% year on year to 2.71 million mt in January-September, and imports decreased 41.51% to 885,000 mt.
Apparent consumption came in at 18.53 million mt, up 11.64% on a yearly basis.
![[SMM Nickel Midday Commentary] On April 2, nickel prices fluctuated downward, and Trump unilaterally claimed an overwhelming victory in the war against Iran](https://imgqn.smm.cn/usercenter/CjEnN20251217171733.jpg)
![[SMM Daily Review of Nickel Intermediate Products] On April 2, MHP and high-grade nickel matte prices declined with nickel prices](https://imgqn.smm.cn/usercenter/JjbtE20251217171732.jpeg)
