MarketResearchReports.Biz announces addition of new report “Global and China Stainless Steel & Products Industry Report, 2012 - 2015” to its database
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In 2012, stainless steel prices
showed the tendency of “rise before fall and mobile descending”, resulting in a
downward trend for most of the traditional stainless steel producing countries.
Global stainless steel production for the whole year attained to 35.36 million
tons, a slight year-on-year increase, of which, down 1.6% YoY in Western
Europe, down 1.2% YoY in the Americas; up 3.7% YoY in Asia; up 18.2% YoY in
South Africa.
In recent years, China relying on
its substantially increased production has become the main engine for global
stainless steel output growth. In 2012 China’s stainless steel crude steel
production climbed 14% YoY to 16.08 million tons, accounting for 45.5% of the
global stainless steel production, of which, 300 series products held a
proportion of 49.3%, 200 series products 30.8%, and 400 series products 19.9%.
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In China, stainless steel is mainly
consumed in household metal products, building materials, machinery, etc.,
whose stainless steel apparent consumption in 2012 accounted for 28%, 26% and
19% of annual consumption, respectively. China, as a large producer of
stainless steel tableware and kitchenware, exports products to developed
countries and regions. However, in 2012 under the influence of the Eurozone
debt crisis and weak U.S. economic recovery, the exports were impeded, with
annual export value down 3.7% YoY to US$1.82 billion.
With respect to major steel mills,
stainless steel output in 2012 all saw different rates of growth. Acerinox
produced more stainless steel crude steel in Spain, the United States and South
Africa than the same period of the previous two years, with annual output
exceeding two million tons. Outokumpu’s output in Finland also witnessed
significant growth, after the merger with ThyssenKrupp Inoxum at the end of
2012, it surpassed Taiyuan Iron & Steel (Group) Co., Ltd. (TISCO) and South
Korea’s POSCO to be the world’s largest stainless steel manufacturer with a
total capacity of 5.5 million tons of stainless steel.
In 2012, TISCO realized scheduled
stainless steel output of 3.1 million tons, a year-on-year increase of 2.6%. 23
products occupied the largest share of the domestic market, 36 varieties could
be substitutes for imported goods. But affected by the price decline, the
company’s stainless steel revenue fell 11.4% YoY.
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With new capacity put into
production in 2012, Tsingshan Holding Group ushered in output growth of 56%,
producing 2.11 million tons of stainless steel crude steel for the whole year.
In consideration of the high cost and middle-low level profitability, Baoshan
Iron & Steel Co., Ltd. sold the stainless steel and special steel business
to Shanghai Baosteel Group Corp., thereby concentrating on carbon steel plate
and related business.
Consisting of seven chapters, Global
and China Stainless Steel & Products Industry Report, 2012-2015 makes an
in-depth analysis of the development background and market pattern of global
and China stainless steel & products industry with detailed data, a
specific analysis of operation of 14 Chinese and foreign companies (Outokumpu,
Acerinox, TISCO, etc.) as well as a prediction about the future development.
MarketResearchReports.Biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are especially designed to save time and money of our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.
Contact
M/s Sheela
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-997-4948
Email: sales@marketresearchreports.biz
Website: http://www.marketresearchreports.biz/
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