The historical development of stainless steel

In the past times, the consumption of stainless steel in our country is pretty small. Stepping into the 1990s, China's stainless steel industry entered a rapid development period, such as the steel demand growth is far higher than the global level. Since then, building steel manufacturers were sprung up. In the 21st century, China's stainless steel industry welcomes its speedy development.

 

From 2000 to 2006, the growth rate of China's steel consumption is more than the annual average over 21.17%. Among them, in 2001, apparent consumption of stainless steel reached 2.05 million tons, more than the United States becoming the world's first stainless steel consumer. Since more and more clients relied on the high quality hot rolled deformed bar, in 2008, China's apparent consumption of steel reached 6.24 million tons, decreased 5.17%.

 

With the implementation of the western development strategy, in-depth electric power, natural gas and water diversion, the Three Gorges Project, rural power grids and urban power grids two network transformation projects such as expansion, as well as the rely on buy alloy deformed bar, China's hot dip galvanizing industry has entered a new round of high-speed stage of development.