China set to lead growth in stainless steel output

Newswire

By Camila Reed BRUSSELS, Oct 30 (Reuters) - Global growth of stainless steel production will continue to be driven over the next 10 years by the Asian market led by China, speakers at a metals recycling conference said on Monday. "China continues to be by far the largest stainless steel consumer in the world with a demand level well over 5 million tonnes. Asia now produces over 50 percent of stainless worldwide and continues to be the most important part of our market growth," said ...

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