News and announcements

< go back

Stainless Steel Press Release
29/02/2016

Stainless Steel Press Release

WBMS has today released its first estimates of Stainless Steel production and consumption for 2015. Full country details are included in the WBMS on line database.

World stainless steel slab production was 41.6 Mt in 2015, 1.3% above the previous years. China accounted for 52% of global production, other Asia 22%, Europe 18% and others 8%.

STAINLESS STEEL
Stainless Steel Production
MILLION TONNES
% MT % of
2014 2015 Change Change Global Total
China 21.7 21.6 -0.6% - 0.1 51.9
Other Asia 9.0 9.1 +1.8% 0.1 21.9
Europe 7.6 7.6 +0.9% 0.1 18.3
Others 2.8 3.3 +16.0% 0.5 7.9

Total 41.0 41.6 +1.3% 0.6 100.0

World apparent consumption of stainless steel was 32.2 Mt, 1.5% above the previous years
.
STAINLESS STEEL
Stainless Steel Consumption
MILLION TONNES
% MT % of
2014 2015 Change Change Global Total
China 14.0 14.3 +1.7% 0.3 44.5
Other Asia 7.7 7.7 +0.8% - 23.9
Europe 6.5 6.4 -0.6% - 0.1 19.9
Others 3.5 3.7 +6.0% 0.2 11.5

31.7 32.2 +1.5% 0.5 100.0

The global consumption was 77% of production in both years. The difference is mainly yield losses.
The production figures are slab production and consumption is in terms of products e.g. plates, sheet, strip and long products.

In 2015 China accounted for 45% of global consumption, other Asia 24%, Europe 20% and others 11%.
In broad terms Asia accounted for nearly 75% of global production and nearly 70% of consumption.



Dated 29th February 2016
- ENDS-


The above data are taken from World Metal Statistics Stainless steel database.

Editors requiring more detailed information should contact Sue Eales by email at suee@world-bureau.co.uk or by telephone +44 (0) 1920 461274




Disclaimer

Whilst every effort is made to ensure the accuracy and validity of the information contained in this release WBMS and its Board of Directors can accept no responsibility for any losses incurred as a direct result of any actions based on conclusions drawn from the data.

Terms of Use

All data herein may be copied freely, duplicated and further distributed provided that WBMS is cited as the source.



About World Bureau of Metal Statistics:

The World Bureau of Metal Statistics is the data resource of first resort for anyone involved with the global metals industry. By outsourcing their research to WBMS, whether via regular publications or surveys tailored to their needs, organisations not only enjoy the benefit of reliable, first class data but also save significantly on cost and time. Through regular publications, available on subscription in print and electronic format, WBMS are able to keep companies and organisations throughout the world up to date on the production, consumption and trade in the major non-ferrous metals.

Launched in 1947, WBMS concentrated initially on the metals trade within the then British Empire. With the contraction of Empire, the organisation switched focus to the world stage and began collecting and collating data from a huge number of global sources. More than half a century later, its massive and regularly updated database forms the basis of printed and electronic publications aimed at the many and varied users of metal statistics. In particular, its monthly World Metal Statistics Bulletin represents the most comprehensive data available anywhere.

World Bureau of Metal Statistics
27A High Street
Ware
Herts
SG12 9BA
United Kingdom

Tel: +44 (0) 1920 461274
Fax: +44 (0) 1920 464258