icda-chromium-2012-s..
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icda-chromium-2012-s..
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Prospects for Demand: Stainless Steel output<br />
• China likely to remain the motor for stainless steel production growth in coming<br />
years – average annual growth for ex-China markets likely to be less than 1% for<br />
period 2007-2014<br />
World Stainless Steel output: China and the rest of<br />
the world<br />
45 000 000<br />
50%<br />
Year-on-year growth of stainless steel output: China<br />
has provided the lion's share of growth in recent<br />
years<br />
40 000 000<br />
35 000 000<br />
Remainder<br />
China<br />
40%<br />
Chinese output<br />
30 000 000<br />
30%<br />
tonnes<br />
25 000 000<br />
20 000 000<br />
20%<br />
World output<br />
15 000 000<br />
10%<br />
10 000 000<br />
5 000 000<br />
0%<br />
0<br />
2007 2008 2009 2010 2011 <strong>2012</strong>* 2013* 2014*<br />
Source: ICDA; <strong>2012</strong>-14 are forecasts<br />
-10%<br />
2007 2008 2009 2010 2011 <strong>2012</strong>* 2013* 2014*
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