Global stainless steel melt shop production rises by 6.3% y-o-y in H1CY'24-WSA

According to the World Stainless Association, global stainless steel melt shop production stood at 30.4 mnt in H1CY'24 (Jan-Jun), an increase of 6.3% y-o-y. Output increased by 8% q-o-q to 15.76 mnt in Q2CY'24 against 14.60 mnt in Q1CY'24. China was the largest producer, with 18.75 mnt (against 17.70 mnt in H1CY'23), followed by Asia without China and South Korea, with 3.61 mnt.