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Print[Ferro-Alloys.com]Based on preliminary data, global stainless crude steel production in the first quarter of 2013 was almost 9.4 million tonne according to the International Stainless Steel Forum. Compared to the first quarter of 2012, this is an increase of 6.0%. However, all areas except China showed decreased production volumes in the YoY comparison.
The highest drop in YoY production was in the Asia excluding China area. Here production fell by 3.6% to 2.1 Mt compared to the first quarter of 2012. Eastern Europe reported a decline in stainless crude steel production of 3%. In Western Europe/Africa, stainless steel producers reduced production by 2.8% to 2.1 Mt. The Americas region achieved production of 0.6 mmt, almost the same as in the corresponding quarter of 2012.
Only China significantly increased production of stainless crude steel in the quarter, by 18.3% to 4.4 Mt. However, the Chinese authorities have revised some stainless steel statistics which may lead to these numbers being increased.
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