China produced 21.6Mt of stainless crude steel in 2014, up 2.7Mt (14.2%) over 2013 figures, according to the Stainless Steel Council of China Special Steel Enterprises Association.
China imported 824kt of stainless steel in 2014, up 49kt (6.32%) when compared with a year earlier. Exports surged by 45% to 3.85Mt.
Apparent consumption in 2014 was up by 1.2Mt (8.36%) compared with 2013. Domestic producers supplied 95% of China’s stainless steel demand in 2014.
Source: China Metals.