According to the data released by the World Stainless Association on June 20, in the first quarter of 2022, global crude stainless steel production reached 14.45 million tons, a year-on-year decrease of about 3.8% but a month-on-month increase of about 1.7%.

In terms of major regions, Europe produced 1.86 million tons, decreasing by about 2.5% year-on-year but increasing by about 5.2% month-on-month; the United States produced 569,000 tons, down by about 8.8% compared with the same period last year but up by about 5.7% from the previous month; mainland China's output reported 8.01 million tons, a decrease of about 8.0% year-on-year but an increase of about 4.1% month-on-month. Asia (mainly including India, Japan and Taiwan, China) excluding mainland China, South Korea and Indonesia produced 1.96 million tons, increasing by about 4.1% against the same period last year but decreasing by about 3.3% from last month, while other regions (including Indonesia, South Korea, South Africa, Brazil and Russia) recorded 2.05 million tons, up by about 8.0% year-on-year but down by about 5.8% month-on-month.