p/s: Wishing you a wonderful new month and a happy new year '2010 in advance.
Thursday, January 7, 2010
World stainless steel output up 12,5% in Q3
STEEL
By: Esmarie Swanepoel
6th January 2010
World stainless steel production started to show a recovery in the third quarter of 2009, with most regions increasing their output in the three-month period, the International Stainless Steel Forum (ISSF) reported.
Third quarter stainless steel output increased by 12,5% to 7,06-million tons, when compared with the same period of 2008.
However, production volumes for the first nine months of 2009 reflected the volatile economic conditions of the year, with output decreasing by 15%. According to preliminary figures released by the ISSF this week, global stainless steel production fell to 17,9-million tons in the nine-month period, compared with 21,07-million tons a year earlier.
In 2007, global stainless steel output was 27,8-million tons, which decreased by 1,9-million tons in 2008 to 25,9-million tons.
Excluding China, stainless steel production in Asia was five-million tons in the first nine months of 2009, which was a year-on-year decline of 23%, owing to lower output in India and Japan, while production remained flat in Korea and Taiwan.
Stainless production in China was 6,6-million tons in the first nine months of 2009, an increase of 19,1% on the same period of 2008. The ISSF reported that China accounted for almost 37% of the world’s stainless production. At the end of the third quarter of 2008, China’s market share was 26%.
The Western Europe/Africa region produced 4,6-million tons of stainless during the first nine months of 2009, a decrease of 31,5%. Production also declined in the Americas region to 1,5-million tons, a 22,9% drop on the same period of 2008.
The volume of stainless produced in the Central and Eastern Europe region dropped by 38,23% to 0,2-million tons for the period.
The ISSF reported that more austenitic stainless were produced in the period, while production of ferritic stainless had declined because of a global drop in automobile manufacturing, which accounted for a large volume of chromium stainless.
The market share of chromium-manganese stainless steels has decreased over the course of 2009 owing to the recovery of stainless steel production outside China.
Edited by: Mariaan Webb
By: Esmarie Swanepoel
6th January 2010
World stainless steel production started to show a recovery in the third quarter of 2009, with most regions increasing their output in the three-month period, the International Stainless Steel Forum (ISSF) reported.
Third quarter stainless steel output increased by 12,5% to 7,06-million tons, when compared with the same period of 2008.
However, production volumes for the first nine months of 2009 reflected the volatile economic conditions of the year, with output decreasing by 15%. According to preliminary figures released by the ISSF this week, global stainless steel production fell to 17,9-million tons in the nine-month period, compared with 21,07-million tons a year earlier.
In 2007, global stainless steel output was 27,8-million tons, which decreased by 1,9-million tons in 2008 to 25,9-million tons.
Excluding China, stainless steel production in Asia was five-million tons in the first nine months of 2009, which was a year-on-year decline of 23%, owing to lower output in India and Japan, while production remained flat in Korea and Taiwan.
Stainless production in China was 6,6-million tons in the first nine months of 2009, an increase of 19,1% on the same period of 2008. The ISSF reported that China accounted for almost 37% of the world’s stainless production. At the end of the third quarter of 2008, China’s market share was 26%.
The Western Europe/Africa region produced 4,6-million tons of stainless during the first nine months of 2009, a decrease of 31,5%. Production also declined in the Americas region to 1,5-million tons, a 22,9% drop on the same period of 2008.
The volume of stainless produced in the Central and Eastern Europe region dropped by 38,23% to 0,2-million tons for the period.
The ISSF reported that more austenitic stainless were produced in the period, while production of ferritic stainless had declined because of a global drop in automobile manufacturing, which accounted for a large volume of chromium stainless.
The market share of chromium-manganese stainless steels has decreased over the course of 2009 owing to the recovery of stainless steel production outside China.
Edited by: Mariaan Webb
Monday, January 4, 2010
~ Pizza Lunch ~
Hi All, still remember last Thursday (31st Dec 2009)? Our big Boss (thanks mr.teo)treat us Pizza Hut for our lunch that day.. how fun look each other eating Pizza.. this lunch is to celebrate our team that involve in one of our project..that already succeed to pass the QA test form customer..
Here some message from Mr.Teo:
Dear all,
I would like to take this opportunity to say thank you to all of you. Thank for your support for the pass few years. Hopefully we will have more and more successful product launch to the market in near future.
In order to celebrate this achievement and the coming of year 2010, I would like to buy all of you a Pizza Lunch on 31 Dec. Hope that we can have more celebration and gathering in Year 2010.
Wish you and your family a Happy, Healthy and successful Year 2010.
Best regards
Teo
Here some message from Mr.Teo:
Dear all,
I would like to take this opportunity to say thank you to all of you. Thank for your support for the pass few years. Hopefully we will have more and more successful product launch to the market in near future.
In order to celebrate this achievement and the coming of year 2010, I would like to buy all of you a Pizza Lunch on 31 Dec. Hope that we can have more celebration and gathering in Year 2010.
Wish you and your family a Happy, Healthy and successful Year 2010.
Best regards
Teo
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