Global crude stainless steel production is forecast to grow by around 4% year-on-year to 52.10 million tonnes in 2018, according to metals market research company SMR.
This would be up from 50.10 million tonnes of crude stainless steel produced in 2017, SMR said. China was the largest producer of stainless steel in 2017 with 27.0 million tonnes, while it consumed more than 20 million tonnes of stainless steel flat and long products in...