According to market intelligence, data released by the Stainless Steel Committee of the World Steel Association for the third quarter of 2025 indicates that global crude stainless steel production reached 48 million tons in the first nine months, marking a 3.0% year-on-year increase.

The China Iron and Steel Association Stainless Steel Branch announces the following statistics for mainland China's stainless steel crude steel production, imports/exports, and apparent consumption in October 2025:

National stainless steel crude steel production in October 2025 reached 3.6244 million tons, increasing by 78,700 tons (2.22%) month-on-month from September 2025. By type: - Cr-Ni stainless steel: 1.9012 million tons, up 86,600 tons (4.77%) month-on-month - Cr-Mn stainless steel: 1.0901 million tons, up 71,800 tons (7.05%) month-on-month - Cr stainless steel: 585,300 tons, down 83,800 tons (12.53%) month-on-month and duplex stainless steel at 47,923 tons.

In October, China's stainless steel imports totaled 124,100 tons, up 3,800 tons (3.18%) month-on-month but down 34,100 tons (21.56%) year-on-year. From January to October, China's cumulative stainless steel imports reached 1.2621 million tons, a decrease of 343,000 tons (21.37%) compared to the same period last year.

In October, China's stainless steel exports totaled 358,100 metric tons, down 60,400 metric tons (14.43%) month-on-month and down 59,300 metric tons (14.2%) year-on-year. Cumulative exports from January to October reached 4.1408 million metric tons, up 160 metric tons (0.04%) year-on-year.

In October, net stainless steel exports reached 234,000 metric tons, down 64,200 metric tons month-on-month (a 21.54% decrease). Cumulative net exports from January to October totaled 2.8787 million metric tons, up 344,600 metric tons year-on-year (a 13.60% increase).

As an integrated internet platform providing benchmark prices, on December 10, the benchmark price of stainless steel on SunSirs was 12,616.67 RMB/ton, an increase of 0.34% compared with the beginning of the month (12,573.33 RMB /ton).

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