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Iron and Steel News05/19/2008

China Expands Stainless Production Share
Chinese stainless raw steel output increased by 36.0% to 7.206 million tonnes in 2007 from previous year, keeping the top producing country position for 2 years in a row, according to International Stainless Steel Forum. Japan kept the no.2 position despite the production decreased by 8.9% to 3.712 million tonnes. The third largest producer of South Korean output decreased by 14.7% to 1.942 million tonnes. The 3 major Asian countries' output was 46.5% of 27.671 million tonnes of world output.


Today's Japan Metal Bulletin E-mail
China Expands Stainless Production Share
Sumitomo Metals Increases Steel Sheet Price by 10,000 y/t for Japanese Dealers
Japan Major 6 Steel Wire, Rope Makers Posted Higher Sales in F2007
Strong Sheet Steel Price in Tokyo
Firm Ferrous Scrap Price in Tokyo

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