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Metallurgist

, Volume 56, Issue 11–12, pp 883–887 | Cite as

Market Forecast for Stainless Steel*

  • S. Ilmark
Article
  • 130 Downloads
October 2012 marked the hundredth anniversary of the first patents for stainless steel, which were granted to the Krupp laboratory. Was world industry prepared to observe this remarkable event? The answer is more “no” than “yes.” There are many reasons for this state of affairs, the main reason being that the rise in the demand for stainless steel is slowing as its price also declines.

Table 1

Product

Volume of production

tons

%

Cold-rolled sheet

15020

52.6

Electric-welded pipe

3450

12.1

Hot-rolled sheet

2790

9.8

Hot-rolled bars

1730

6.1

Slabs

1010

3.5

Cold-worked bars

1000

3.5

Wire

950

3.3

Seamless pipes

630

2.2

Strip

600

2.1

Cold-rolled skelp

540

1.9

Forgings

380

1.3

Hot-rolled coil

300

1.1

Sections

150

0.5

Total

28550

100.0

Keywords

Semifinished Product Rolled Section Nickel Production Tubular Semifinished Product Downward Correction 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© Springer Science+Business Media New York 2013

Authors and Affiliations

  • S. Ilmark
    • 1
  1. 1.Spetsstal AssociationMoscowRussia

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