Commodity Market Report

Global stainless steel strategic planning outlook Q1 2022

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08 April 2022

Global stainless steel strategic planning outlook Q1 2022

Report summary

Stainless transaction prices will falter due to easing pent-up demand in Europe and potential oversupply in China. Also, falling nickel, chromium and molybdenum prices will reduce the alloy surcharge component in the coming months. Apparent consumption will increase by 4% in 2022 but IP is slowing and there are risks from inflation as well as still higher energy prices. Melt production will continue to expand in China, India and Indonesia, and Turkey may become more prominent.

Table of contents

Tables and charts

This report includes 8 images and tables including:

  • Historic and forecast stainless steel price (Europe CR304 delivered)
  • Global stainless melt production by region
  • Stainless melt output by main producing country
  • Stainless melt production by company
  • Global stainless steel product apparent consumption by region
  • Forecast stainless steel demand by end use 2022
  • Stainless product mix variations by region
  • Expansion of Chinese stainless melt shop capacity

What's included

This report contains:

  • Document

    Global Stainless Steel Strategic Planning Outlook Q1 2022.pdf

    PDF 543.08 KB