CSSC Released China Stainless Crude Steel Production for the First Quarter of 2012
CSSC Released China Stainless Crude Steel Production for the First Quarter of 2012
The stainless steel production for first quarter of 2012 is 3.43 million metric tons (mmt), increased by 11.59% (357 thousand tons) compared to the same period of 2011.
Table 1 China Stainless Crude Steel Production (in ‘000 metric tons)
| Grade Category
|
Q1/2011
|
Q1/2012
|
+/- %
|
| CrMn steels(200series)
|
529
|
808
|
+52.86
|
| CrNi steels(300 series)
|
1，853
|
1，848
|
-0.24
|
| Cr steels (400 series)
|
695
|
777
|
+11.76
|
The market share of stainless grade categories has changed a lot, the share of CrNi steels (300 series) decreased by 6.38%, while the share of Cr-Mn steels (200 series) increased by 6.36%. The share of Cr steels(400 series) kept the same time with the same time of 2011.
Table 2 Market Share of Stainless Grade Categories in Q1 of 2012 (%)
| Grade Category
|
Q1/2011
|
Q1/2012
|
| CrMn steels(200series)
|
17.18
|
23.54
|
| CrNi steels(300 series)
|
60.22
|
53.84
|
| Cr steels (400 series)
|
22.59
|
22.63
|
In the first quarter of 2012, China imported 198.2 thousand metric tons (‘000 tons) stainless steel, decreased by 12.4% compared to the same period of 2011. The exported stainless steel is 451 thousand metric tons (‘000tons), decreased by 1.9%.
The apparent consumption for the first quarter is 2.77 million metric tons (mmt), increased by 12.06% .
Notes: Due to expansion of the statistical range, the numbers changed a lot compared with 2011.
