The development of China's stainless steel industry is relatively late. Before the founding of the People's Republic of China, before the reform and opening up, the demand for stainless steel in China was mainly based on the cutting-edge use of industry and national defense. After the reform and opening up, the rapid development of the national economy and the significant improvement of people's living standards have stimulated the demand for stainless steel. After entering the 1990s, China's stainless steel industry entered a period of rapid development, and the growth rate of stainless steel demand was much higher than the global level. Since 1990, the global consumption of stainless steel has grown at an average annual rate of 6%. In the 10 years of the 1990s, the apparent consumption of stainless steel in China was 2.9 times the annual growth rate of the world. In the 21st century, China's stainless steel industry has grown rapidly.
From 2000 to 2006, the average annual growth rate of China's stainless steel consumption was above 21.17%. Among them, in 2001, China's apparent consumption of stainless steel reached 2.05 million tons, surpassing the United States to become the world's largest stainless steel consumer. In 2008, the apparent consumption of stainless steel in China reached 6.24 million tons, down 5.17% year-on-year.
In November 2011, China's stainless steel output increased by 11.1% to 12.5 million tons. The production of stainless steel products was 326,800 tons, an increase of 65.25%. Among them, Guangdong Province is the main production base of stainless steel products in China, with a production of 1.837 million tons, an increase of 41.76%, accounting for 78.62% of the national total.
The chromium and nickel in the raw materials of China's stainless steel industry is oversupply in foreign countries, but in China, the situation is in short supply; stainless steel is overcapacity, supply exceeds demand, and profit margins fluctuate frequently. As the competition in the stainless steel industry continues to intensify, mergers and acquisitions and capital operations among large-scale stainless steel producers are becoming more frequent. Domestic excellent stainless steel producers are paying more and more attention to the research of the industry market, especially the changes in the development environment and customer demand trends. In-depth study. Because of this, a large number of domestic excellent stainless steel brands have risen rapidly and gradually become the leader in the stainless steel industry!
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