In October 2024, the domestic stainless steel imports of about 158,300 tons, an increase of 38,400 tons, an increase of 32.1%; year-on-year decrease of 126,000 tons, a decrease of 44.3%. The import area is dominated by Indonesia, Japan and South Korea, among which the volume of stainless steel imported from Indonesia accounts for a relatively large amount.

Recently, Xingcheng Special Steel successfully used continuous casting process production and development of 100mm thick 9Ni steel and through the CCS, ABS and other nine national classification societies type test certification

In recent years, the size of the European nickel alloy market has continued to grow, mainly due to the rapid development of key sectors such as aerospace, energy and chemicals. The increasing demand for high-performance materials in these industries has driven the prosperity of the nickel alloy market.

As early as August 17, 2012, Thailand had already started an anti-dumping investigation on cold rolled stainless steel plates, sheets and strips originating from China

In recent years, China's stainless steel production has continued to grow. 2024 stainless steel production exceeded 30 million tons, accounting for 54% of the global total production, with a market share of nearly half. Stainless steel crude steel production is expected to reach 42.24 million tons in 2025, showing a steady growth trend.

Happy New Year to all of you!