CHINA TO ADD NEW STAINLESS STEEL PRODUCTION CAPACITY THIS YEAR

CHINA TO ADD NEW STAINLESS STEEL PRODUCTION CAPACITY THIS YEAR

It is reported that Chinese stainless steel production capacity was 2.4 million tons in 2015, down by 27.71% year on year.

From the number of new steels, there are only two new steel mills in 2015, but there are four new steel mills in 2014. However, the production capacity is likely to fall, which is closely related to current industry environment.

Furthermore, Chinese Chengde will be only one for new steelmaking capacity in 2016.

 

Source: yieh.com

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