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PrintAccording to the data released by Ministry of Economy, Trade and Industry on February 15th details of the output of hot rolled stainless steel during the calendar year of 2012 as well as in the single month of December 2012 are as per the table attached hereto.
The table shows total production in 2012 was 2,819,105 tonne down 3.8% from 2011. It is notable that the production in January, November and December last year were all below 220,000 tonne per month level substantially lower than in the other months of 2012 although the production in the other months were not so high compared to the corresponding months of 2011.
Breakdown of 2012 production by alloy category was as follows, Cr alloyed group stainless steel: 1,342,453 tonne down 0.7% from 2011, <> Ni alloyed group stainless steel: 1,476,652 tonne down 6.5% from 2011, <> Other special steel: 79,735 tonne down 4.5% from 2011. On a sub-category basis the output of Ni/Cr/Mo alloyed group only made an increase compared to last year.
The total production during December was 215,305 tonne up 0.6% from November. The increase in the output of Cr Alloyed group offset the decrease of Ni Alloyed group.
End December of 2012 inventory of all these stainless steel alloys at the mills totaled 130,709 tonne down 1.1% from end November and up 6.5% from end 2011. The end-December inventory of other special steel was 4,353 tonne down 15.6% from November and up 24.1% from end 2011.
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