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Survey and statistics of crude stainless steel production in China in December

According to the survey, in December 2021, the crude steel output of 32 domestic stainless steel plants was 2.6333 million tons, with a month on month increase of 1.29% and a year-on-year decrease of 5.83%.

In December, the output of domestic stainless steel crude steel increased slightly month on month. For 300 series, due to the poor production profit of steel mills and the unsatisfactory order receiving, some stainless steel mills such as TISCO reduced their production slightly, but at the same time, some steel mills maintained the production level in November and even increased slightly in some cases; Due to the joint price support of steel mills in the middle of the year and the increase of profits in the second half of the month, the output of 200 series steel mills rebounded and increased month on month; The profit of 400 series was relatively stable compared with other series, and the output increased slightly in December.

According to the survey, the crude steel production schedule of 32 domestic stainless steel plants in January 2022 is planned to be 2.2806 million tons, which is expected to decrease by 13.39% month on month and 17.63% year-on-year compared with December 2021. The production of steel plants in January is reduced by centralized maintenance. However, due to the best profit of 200 series among the three series in the near future, the production reduction plan of some steel plants in January is slightly adjusted, which does not rule out the possibility of continuous adjustment in the future. Of which:

200 is 567400 tons, which is expected to decrease by 29.06% month on month and 41.91% year-on-year;

300 is 1262000 tons, which is expected to decrease by 5.26% month on month and increase by 5.87% year-on-year;

400 is 451200 tons, with a month on month decrease of 10.01% and a year-on-year decrease of 24.79%.