Stainless steel production in China declined in September 2019 post rising for four straight months.
- The stainless-steel production in China stood at 2.47 million metric tonnes (in September 2019), witnessing a drop of almost 5 per cent against the production in August 2019.
- However, the yearly production witnessed an 8.38 per cent growth against the same month production in 2018.
- 300-series stainless steel production stood at 1.16 million metric tonnes, down by 2.1 per cent against the previous year and 5.74 per cent against the previous month.
- 200-series production plunged by 8.66 per cent to stand at 896,000 metric tonnes.
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