4 February 2025

The world stainless association has released figures for the first nine months of 2024, showing that stainless steel melt shop production has increased by 5.4% year-on-year to 46 million metric tons.

Stainless steel melt shop steel production [000 metric tons]

Region Quarter 9 months +/- %
1/2024 2/2024 3/2024 2023 2024 y-o-y
Europe 1,563 1,625 1,506 4,475 4,694 4.9%
USA 509 518 482 1,384 1,509 9.1%
China 8,620 10,148 9,863 27,679 28,631 3.4%
Asia w/o China and S. Korea 1,842 1,776 1,776 4,937 5,393 9.2%
Others 2,076 1,761 2,027 5,272 5,864 11.2%
Total 14,609 15,829 15,654 43,746 46,092 5.4%

Others: Brazil, Indonesia, Russia, S. Africa, S. Korea
Source: worldstainless

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Stainless Steel Meltshop Production Per Quarter Q3 2024
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