Stainless steel melt shop production increases by 7% in 2024
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]
| Region | Quarter | 12 months | +/- % | ||||
|---|---|---|---|---|---|---|---|
| 1/2024 | 2/2024 | 3/2024 | 4/2024 | 2023 | 2024 | % change 2024/2023 | |
| Europe | 1,563 | 1,625 | 1,506 | 1,394 | 5,997 | 6,088 | 1.5% |
| USA | 509 | 518 | 482 | 441 | 1,824 | 1,950 | 6.9% |
| China | 8,655 | 10,152 | 9,898 | 10,736 | 36,676 | 39,441 | 7.5% |
| Asia w/o China and S. Korea | 1,842 | 1,776 | 1,776 | 1,928 | 6,880 | 7,322 | 6.4% |
| Others | 2,076 | 1,761 | 2,029 | 1,954 | 7,163 | 7,820 | 9.2% |
| Total | 14,644 | 15,833 | 15,690 | 16,453 | 58,539 | 62,621 | 7.0% |
Others: Brazil, Indonesia, Russia, S. Africa, S. Korea
Source: worldstainless
