MONTHLY: Rise in China's stainless output extends to October

The latest Mysteel data indicate that China's crude stainless steel output rose again in October, with production buoyed by strong operations and lower cost pressures on mills and marking a third straight month of growth.

Last month, total crude stainless output reached around 3.51 million tonnes, representing an increase of 87,100 tonnes or 2.5% compared with September, and a stronger 6.8% rise from October last year, according to the results of Mysteel's most recent survey among the 43 stainless producers it regularly tracks nationwide. Production