Stainless Steel Melt Shop Production increases by 6.3% y-o-y to 30.4 million metric tons in the first 6 months of 2024
Brussels 22 October 2024 – The world stainless association released figures for the first half year of 2024 showing that stainless steel melt shop production increased by 6.3% year–on–year to 30.4 million metric tons.
Stainless steel melt shop steel production [000 metric tons]
Region | Quarter | First half year | +/- % | ||
1/2024 | 2/2024 | 2023 | 2024 | y-o-y | |
Europe | 1,562 | 1,577 | 3,130 | 3,139 | 0.3% |
USA | 509 | 518 | 942 | 1,027 | 9.0% |
China | 8,620 | 10,130 | 17,709 | 18,750 | 5.9% |
Asia w/o China and S. Korea | 1,842 | 1,776 | 3,318 | 3,617 | 9.0% |
Others | 2,076 | 1,761 | 3,474 | 3,837 | 10.5% |
Total | 14,609 | 15,762 | 28,573 | 30,370 | 6.3% |
Others: Brazil, Russia, S. Africa, S. Korea, Indonesia, r=revised
Source: worldstainless
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