In 2012, stainless steel prices showed the tendency of “rise before
fall and mobile descending”, resulting in a downward trend for most of
the traditional stainless steel producing countries. Global stainless
steel production for the whole year attained to 35.36 million tons, a
slight year-on-year increase, of which, down 1.6% YoY in Western Europe,
down 1.2% YoY in the Americas; up 3.7% YoY in Asia; up 18.2% YoY in
South Africa.
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In recent years, China relying on its substantially increased
production has become the main engine for global stainless steel output
growth. In 2012 China’s stainless steel crude steel production climbed
14% YoY to 16.08 million tons, accounting for 45.5% of the global
stainless steel production, of which, 300 series products held a
proportion of 49.3%, 200 series products 30.8%, and 400 series products
19.9%.
In China, stainless steel is mainly consumed in household metal
products, building materials, machinery, etc., whose stainless steel
apparent consumption in 2012 accounted for 28%, 26% and 19% of annual
consumption, respectively. China, as a large producer of stainless steel
tableware and kitchenware, exports products to developed countries and
regions. However, in 2012 under the influence of the Eurozone debt
crisis and weak U.S. economic recovery, the exports were impeded, with
annual export value down 3.7% YoY to US$1.82 billion.
With respect to major steel mills, stainless steel output in 2012
all saw different rates of growth. Acerinox produced more stainless
steel crude steel in Spain, the United States and South Africa than the
same period of the previous two years, with annual output exceeding two
million tons. Outokumpu’s output in Finland also witnessed significant
growth, after the merger with ThyssenKrupp Inoxum at the end of 2012, it
surpassed Taiyuan Iron & Steel (Group) Co., Ltd. (TISCO) and South
Korea’s POSCO to be the world’s largest stainless steel manufacturer
with a total capacity of 5.5 million tons of stainless steel.
In 2012, TISCO realized scheduled stainless steel output of 3.1
million tons, a year-on-year increase of 2.6%. 23 products occupied the
largest share of the domestic market, 36 varieties could be substitutes
for imported goods. But affected by the price decline, the company’s
stainless steel revenue fell 11.4% YoY.
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With new capacity put into production in 2012, Tsingshan Holding
Group ushered in output growth of 56%, producing 2.11 million tons of
stainless steel crude steel for the whole year. In consideration of the
high cost and middle-low level profitability, Baoshan Iron & Steel
Co., Ltd. sold the stainless steel and special steel business to
Shanghai Baosteel Group Corp., thereby concentrating on carbon steel
plate and related business.
Consisting of seven chapters, Global and China Stainless Steel
& Products Industry Report, 2012-2015 makes an in-depth analysis of
the development background and market pattern of global and China
stainless steel & products industry with detailed data, a specific
analysis of operation of 14 Chinese and foreign companies (Outokumpu,
Acerinox, TISCO, etc.) as well as a prediction about the future
development.
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The report highlights: Global
Mobile Phone Market and Industry China Mobile Phone Market and Industry
China Mobile Phone Export 29 Mobile Phone Vendors In 2012, the
mobile phone shipment worldwide approximated 1.606 billion, a meager rise of
1.9% compared to 2011. Against the backdrop of sluggish emerging economies as
well as the tenuous economic growth in Europe in 2013, the global mobile phone
market is not optimistic, with the expected shipment slightly surging by 2.0%
to 1.638 billion sets. D...
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