14 April 2025

The world stainless association has released figures for the full year of 2024, showing that stainless steel melt shop production has increased from 2023 to 2024 by 7% to a total of 62.6 million metric tonnes.

Stainless steel melt shop steel production [000 metric tonnes]

RegionQuarter12 months+/- %
1/20242/20243/20244/202420232024% change 2024/2023
Europe1,5631,6251,5061,3945,9976,0881.5%
USA5095184824411,8241,9506.9%
China8,65510,1529,89810,73636,67639,4417.5%
Asia w/o China and S. Korea1,8421,7761,7761,9286,8807,3226.4%
Others2,0761,7612,0291,9547,1637,8209.2%
Total14,64415,83315,69016,45358,53962,6217.0%


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

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