Stainless steel production increased in most countries during 2014

Stainless steel 21.69 million tons of crude steel production in China in 2014, from 18.98 million tons in 2013 increased by 14%, 52% of global crude steel production of stainless steel, and in 2013 accounted for less than 50%. Japan is the world’s second largest producer of stainless steel, stainless steel 3.33 million tons of crude steel production in 2014, up 4.8% from a year earlier. India is ranked third in the world, stainless steel crude steel output of 2.86 million tons, year-on-year decline slightly. Were overtaken by South Korea the United States in a few years later regained the fourth position, stainless steel 2.39 million tons of crude steel production in 2014, year-on-year growth 18%; South Korea, the production of stainless steel 2.04 million tons of crude steel, fell 5%.

Italy is Europe’s largest stainless steel producer, is also the world’s sixth largest stainless steel producer, the country’s 2014 stainless steel crude steel output fell for the second year in a row, to 1.46 million tons. The other two countries in Europe, followed by Belgium and Finland were seventh and eighth, 2014 stainless steel crude steel production are the two countries keep growing. As Europe was one of the biggest stainless steel producer, Germany in 2014 stainless steel crude steel production has dropped to below 1 million tons, the main reason is that the stainless steel production capacity to rationalize distribution in Europe. China’s Taiwan and Spain among the world’s ninth and tenth respectively, and the 2014 stainless steel production increase from a year earlier.

International stainless steel BBS published statistical data also showed that from 1950 to 2014, the global crude steel production of stainless steel average annual compound growth rate of 5.99%, in 1950, global stainless steel production is 1 million tons, only growth is very significant. Between 2014 and 1980, global stainless steel production in average annual compound growth rate of 5.44%, higher than the same period of carbon-steel average annual compound growth rate of 2.46%, and 3.71% of aluminium.