China's June stainless steel output falls 2.5% on month

China's crude stainless steel output reversed down in June after the rises recorded over the prior two months, with the total tonnage down 2.5% on month to 3.04 million tonnes, according to Mysteel's latest monthly survey among the country's 41 stainless producers.

Among the total, production of all grades of stainless declined by varying degrees last month, and that of 200-series stainless posted the sharpest on-month fall in percentage terms at 5.9%, the survey showed. Stainless output among China's 41 mills in June (Unit: tonne) Source: Mysteel The on-month retreat in stainless output underscored