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Tuesday December 19, 6:03 PM

Stainless crude steel production up 30.4 pct in Q3

LONDON, Dec 19 (Reuters) - World stainless crude steel production rose by 30.4 percent to 7.1 million tonnes in the third quarter of 2006 versus the same period last year, the International Stainless Steel Forum said on Tuesday.

Total production for the first nine months of 2006 is 20.9 million tonnes, up by 13.0 percent compared to the same period in 2005, the Brussels-based non-profit research organisation said in a press release.

Asia, the largest stainless steel producing area, produced 10.9 million tonnes in the first nine months of 2006, up 14.7 percent against the same period last year.

 


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