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01 Nov
12:33

Global stainless demand to rise 3.4% in 2016, BIR summit hears

Global stainless steel production will increase 3.4% on-year in 2016 to 43.421 million tonnes after a strong fourth quarter takes output growth in 2015 to 0.4%, according to Gerhard Pariser, senior consultant at Heinz H. Pariser Alloy Metals & Steel Market Research. The scale of growth, however, is seen depending heavily on China increasing its domestic and export demand. The “…very sharp cutback” in global stainless demand seen in the sec…
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