Analysis and Outlook of stainless steel I

According to the International Stainless Steel Forum (ISSF), the global stainless steel crude steel output in the first three quarters of 2018 increased by 10% to 39.10 million tons compared with the same period of last year. It is expected to reach 52 million tons for the whole year, an increase of about 6.1% year-on-year. From China and Indonesia.

· In the next three years, there are still more than 7.8 million tons of stainless steel capacity to be put into operation in China. In addition to the 3 million tons of stainless steel capacity that has been built in Qingshan, Delong also has a supporting stainless steel capacity plan with a total planned capacity of 3 million tons. In addition, other printing is in progress. Nickel-iron companies also have plans to produce stainless steel.

· In 18 years, China's new stainless steel production capacity increased by 2% to 39.7 million tons, mainly due to Fujian Qingtuo 900,000 tons, stainless steel crude steel output was 25.38 million tons, up 2.8% year-on-year, and comprehensive capacity utilization rate fell slightly by 1% compared with 17 years. To 66%, far below the capacity utilization of the entire steel industry, the stainless steel industry is highly competitive.

· The apparent consumption of stainless steel in China increased by 4.5% in 18 years to 21.8 million tons. The per capita consumption reached 16.2KG / person, which is close to the average level of major developed countries (including: Japan 16.6KG / person, the United States 6.8KG / person, the EU 12.8KG / person, South Korea 34.5KG / person), the future consumption of stainless steel The volume will still maintain a 5-6% increase.

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Shirley N.//SMC Editor