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November 9, 2020

Global Economic News: Stainless Steel Production Expected To Rise In China

 

  • According to the Stainless Steel Council of China, the country’s stainless steel production is expected to rise by 2.1 percent this year to more than 30 million tons due to “robust demand for the corrosion-resistant metal.” Consumption is projected to rise 6.4 percent to 25.5 tons, Nasdaq reported last week.