Global stainless steel consumption drops by 7.8% in 2020

Publisher: TNZ    [2020-7-31] (Clicks: 405)          << BACK

A novel coronavirus pneumonia epidemic is expected to be 41 million 240 thousand tons in 2020, 3 million 470 thousand tons lower than 2019, down 7.8% from the same period in 2019.


According to the statistics of the former international stainless steel forum, the global crude stainless steel output in 2019 will be 52.218 million tons, with a year-on-year increase of 2.9%. Among them, except for the Chinese mainland's growth of about 10.1% to 29 million 400 thousand tons, other regions have declined to varying degrees.


In addition, novel coronavirus pneumonia is expected to increase in 2021, and consumption will increase by nearly 3 million 280 thousand, or 44 million 520 thousand tons, in the global stainless steel forum, which is expected to increase by V in the past 8% years.


It is understood that the international stainless steel forum is a non-profit research institution involved in various aspects of the stainless steel industry. It was established in 1996, and the output of its member enterprises accounts for 80% of the world's stainless steel output.

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