Saturated Stainless Steel Sheet Market in Europe and America

Before the year 2003, worldwide consumption of stainless steel sheet increased mainly in Japan, the United States, Europe and other developed countries, but the world stainless steel sheet consumption did not exceed 1,500 tons. After the economic development retardation or deceleration impact, the powerhouse stainless steel sheet consumption tends to be flat to down, and the development of the center of gravity of the world stainless steel sheets began to move to many developing countries. From the year 1995 to 2010, the average growth rate of global crude steel production of stainless steel sheet is about 3.66%, while the average growth rate of China embossed stainless steel sheet is up to 28%, and becomes the biggest driving force of the world stainless steel sheet development.

Chinese Stainless Steel Sheet Market Demand Status

The data shows that Chinese apparent consumption of stainless steel sheet is about 2.25 million tons in 2001, for the first time surpassed the United States to become the world's first stainless steel sheet consuming nation; the etched stainless steel sheets consumption in 2008 is up to 624 million tons, accounting for the world's total 1/4. In view of China's self-sufficiency rate of stainless steel plate in 2010 reached 89%, the proportion of the world's total increased is 36.7%, recognized as Chinese stainless steel plate market position and strengthen the international nickel prices will generate greater impact on the world's stainless steel price trend.

The Rise of India's Stainless Steel Sheet Market

With the rapid growth of China, India and other emerging economies in 2001-2010, after China, the stainless steel sheet market in India is rapidly rising. In 2006, Indian stainless steel sheet apparent consumption is about 1.2 million tons, ranked the seventh in the world, has been promoted to the consumer market of the world's fifth-largest stainless steel sheets, consume tons of stainless steel plate capacity of 2 million tons per year. Jindal Stainless Steel, as India's largest stainless steel manufacturer, about 45% of the stainless steel products are mainly exported to China, Southeast Asia, the European Union, the United States and other important markets. The per capita consumption point of view, India's stainless steel market consumption per capita is less than 1.5 kg, far less than 4.8 kg, far below the world average per capita consumption of 4.6 kg level, but it also means a huge potential for growth.

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8/4/2014 08:59:52 pm

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