According to the data from the International Stainless Steel Forum (ISSF), global stainless steel output hit a new record of 7.47 million tons in the first quarter this year.
The growth was 54.6 percent compared with the same period of 2009 on economy crisis as it was the lowest in a decade.
ISSF also said that the world¡¯s stainless steel industry will keep on normal production on a reasonable level for the following quarters of 2010 and 2011.
The stainless steel production is expected to increase about 11 to 12 percent for the full year |