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Stainless melt shop production up 7% in January-September: ISSF

London — Stainless steel melt shop production in the first nine months of 2016rose 7% year on year to 33.585 million mt, figures from the InternationalStainless Steel Forum showed Tuesday.

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Production increased in all regions except Central/Eastern Europe, theISSF said.

Chinese production stood at 18.083 million mt for the January-Septemberperiod, up 11.4% from the year-earlier period, while output from the rest ofAsia was up 4.2% at 7.372 million mt.

Stainless melt shop production in Western Europe/Africa reached 5.762million mt, up 0.4% from 5.738 million mt in January-September last year,while production in the Americas was up 1.5% at 2.178 million mt.

Nine-month production in Central and Eastern Europe was 189,000 mt, off4.6% from output of 198,000 mt in the corresponding 2015 period.

On a quarterly basis, Q3 2016 stainless melt shop production was down2.9% overall from Q2 at 11.488 million mt, but with regional variations --output was down in China (minus 3.5% at 6.319 million mt) and WesternEurope/Africa (minus 14% at 1.761 million mt), but up in Asia excluding China(plus 3.4% at 2.531 million mt), the Americas (plus 13% at 815,000 mt) andCentral/Eastern Europe (plus 2.3% at 63,000 mt).

--Andy Blamey, andy.blamey@spglobal.com

--Edited by Dan Lalor, daniel.lalor@spglobal.com