Stainless steel H1-2020 production decreased by 9.4%
The International Stainless Steel Forum (ISSF) has released figures for the first half year of 2020 showing that stainless steel melt shop production decreased by 9.4% year–on–year to 23.7 million metric tons.
The International Stainless Steel Forum (ISSF) is a non-profit research organization based in Brussels which represents the interests of the international stainless steel industry towards the general public, consumers, the media and regulatory authorities. The Forum was founded in 1996.
Stainless steel is often associated with corrosion resistance… and quite rightly. However, stainless steel can do much more thanks to its other properties. These include:
- Physical attributes such as electrical and thermal conductivity and magnetism
- Ability to withstand large temperature ranges
- Strength and toughness
- Aesthetics
- Environmental advantages
- Fire resistance.