Stainless steel melt shop production increases by 5.4% in the first nine months of 2024

Published 04 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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