China Stainless Steel Industry Report, 2007
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In 1994-2007, the global consumption of stainless steel was 1.43 times than that of carbon steel, while that was 1.57 times in China. During the same period, the world's consumption of stainless steel was 1.6 times than GDP growth and, that was 2.5 times in China. In addition, China's consumption of stainless steel was 1.70 times that its GDP growth in 2002-2006, which is nearly the same as that of carbon steel.

In 2002-May 2007, the production capacity of stainless steel in Europe, America and Africa remained almost the same and, the global increment of stainless steel output was mainly from Asia, of which, stainless steel output in China, India and South Korea took a share of 73% in global added output. In 2006, stainless steel production capacity of China, Japan, India, South Korea and Chinese Taiwan took 50% of global output.

In 1992-1997, the compound growth rate for China's output and consumption of stainless steel was 24% and 22% respectively. The compound growth rate for China's consumption of stainless steel was two times than the average growth rate of China's GDP in the same period and 1.57 times than the compound growth rate of carbon steel consumption. Since the backward development of the stainless steel industry in China, the strong domestic demand has long been dependent upon the import of stainless steel. The import accounts for 60-80% of the apparent consumption of stainless steel.

It is expected that the global output of stainless steel will take 30% or so of the total steel output in 2007. China's output of stainless steel will have a share of 1.56% in total production of steel materials in 2007.

Stainless Steel Production Capacity by Continent, 2002-2007


China's Consumption and Demand of Stainless Steel, 1992-2008



1 Analysis on Features of Stainless Steel Industry
1.1 Strong Periodicity of Stainless Steel Industry
1.2 Stainless Steel Demand Affected by Economic Booming
1.3 Stainless Steel Consumption Grows Faster than Other General Metal Materials

2 Global Consumption of Stainless Steel
2.1 Fast Growth of Global Economy Being the Foundation for Stainless Steel Demand
2.2 Huge Potential of Stainless Steel Consumption in Newly Emerging Countries
2.3 Still Considerable Consumption of Stainless Steel in Developed Countries
2.4 Newly Added Supply of Stainless Steel in Recent Five Years
2.5 Development Trend of Global Stainless Steel Consumption

3 Development Prospect of China Stainless Steel Industry
3.1 Stainless Steel Supply and Demand in China
3.2 Great Potential for the Growth of Stainless Steel Consumption in China

4 Development of China Stainless Steel Industry in 2007H2
4.1 Affects of Policies on Stainless Steel Industry
4.2 Excessive Growth of Stainless Steel Industry
4.3 A Gradual Decline in Nickel Price
4.4 Profitability Forecast of Stainless Steel Industry
4.5 Highly Industrial Concentration
Comparison of Steel Price Index and Stainless Steel Price Index Worldwide
Growth Rates for the Global Consumption of Steel Materials and Stainless Steel
Specific Value of Average Growth Rate for Stainless Steel Consumption and Average Growth Rate for Carbon Steel Consumption
Specific Value of Average Growth Rate for Stainless Steel Consumption and Growth Rate for GDP
Growth Rates for Global GDP and Growth Rate for Apparent Consumption of Stainless Steel, 1994-2007
Stainless Steel Output and GDP Growth in Japan, 1960-2007
Stainless Steel Prices and Consumption Trend Worldwide, 1994-2007
Consumption Structure of Global Nickel Downstream Industries, 2006
Proportion of Nickel in the Cost of Stainless Steel
Consumption Structure of Global Stainless Steel Downstream Industries, 2006
Growth Rate of Global Economy, 1970-2008
Growth Rate for Stainless Steel Consumption by Main Country, 2002-2007
Proportions for Main Countries' Consumption of Stainless Steel in Global Consumption, 2006
Stainless Steel Production Capacity by Continent, 2002-2007
Proportions for Stainless Steel Output Increment of Asian Countries in Total Output Increment, 2002-2007
Proportions for Stainless Steel Output of Countries in Global Output in 2006
Proportions for Stainless Steel Varieties Produced in Japan, 1959-2005
China's Consumption and Demand of Stainless Steel
China's Import and Export of Stainless Steel
Import and Export Trend of Top-grade Cold-rolled Stainless Steel Sheet and Strip
Structure of China's Stainless Steel Imports, Jan-Apr. 2007
Structure Trend of China's Import of Stainless Steel
Structure of China's Stainless Steel Exports, Jan.-Apr. 2007
Comparison of Domestic Stainless Steel Industry and the Iron & Steel Industry by Concentration
Growth Rates for China's GDP since 1995
Per-capita Consumption of Stainless Steel by Main Country, 2006
Per-capita Consumption of Stainless Steel in Japan
Comparison of Population Growth and GDP Growth in Japan
Structure of Stainless Steel Consumption in China
LME Inventory and Nickel Price Trend
Ore Price of Qingdao Port and Coal Price Trend in Qinghuangdao
Inventory of Stainless Steel Market in Wuxi City
Inventory of Stainless Steel Market in Foshan City
Traded Prices for 304 2B Cold Rolled Steel Coils in Wuxi Stainless Steel Market

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