SMM

According to SMM survey, the domestic stainless steel output in July totalled about 2.3705 million mt, down 273,800 mt or 10.35% MoM and 18.76% YoY. The output of 200 series stainless steel stood at 651,000 mt, down 25.68% YoY; 300 series 1.3199 million mt, down 14.29% YoY; 400 series 399,600 mt, down 20.4% YoY.