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10 Mar
09:25

Coronavirus cuts Chinese stainless steel output

According to the latest market research, China's stainless steel output in February 2020 totalled 1.798 million tonnes, representing decrease of -12.1% month-on-month and -8.31% year-on-year. Affected by the coronavirus, February production fell to its lowest monthly output since 2018, Kallanish notes. Amongst this, the output of stainless steel 200 series and 400 series fell by -23.4% and -18.8% from the previous month to 494,800t and 353,700t, respectiv…
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