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CHINA REMAINS WORLD'S LARGEST STAINLESS STEEL PRODUCER IN 2007.

AsiaPulse News

| February 01, 2008 | COPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

BEIJING, Feb 1 Asia Pulse - China remained the world's number one producer of stainless steel last year, taking up more than one quarter of global output, figures from the China Iron and Steel Association (CISA) have shown.

China churned out some 7.2 million tonnes of stainless steel in 2007, or more than one quarter of some 28 million tonnes of global output, said chairman of the stainless steel council under the CISA Li Cheng.

China overtook Japan as the world's biggest stainless steel producer in 2006. Its alloy steel output hit 16.6 million tonnes last year, up 21.72 per cent year on year.

Steel products exports, however, dropped sharply in the ...

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Source: HighBeam Research, CHINA REMAINS WORLD'S LARGEST STAINLESS STEEL PRODUCER IN 2007.

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