The world stainless association has released figures for the first nine months of 2023 showing that stainless steel melt shop production increased by 2.5% year–on–year to 42.6 million metric tons.
From January to October 2023, the production of high-carbon ferrochrome in Inner Mongolia increased by 777,600 tons year-on-year to 3,698,300 tons, accounted for 61.2% of the country.
World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 150.0 million tonnes (Mt) in October 2023, a 0.6% increase compared to October 2022.
The world's largest steel producer manufactured 79.09 million metric tons of the ferrous metal last month, down 3.7%from 82.11 million tons in September, data from the National Bureau of Statistics (NBS) showed.
World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 149.3 million tonnes (Mt) in September 2023, a 1.5% decrease compared to September 2022.