Stainless steel is a kind of steel which has certain chemical stability in air, water, acid and alkali salt or other corrosive medium. Stainless steel has high corrosion resistance, heat resistance, low temperature resistance and good processing performance, beautiful appearance and can be recycled, it has been widely used in industrial and civil fields, is the structure and function of good materials. Stainless steel has good corrosion resistance due to the addition of chromium in the steel matrix, and by adding nickel, molybdenum and other further improve corrosion resistance and improve the processing performance.

2014, China's crude steel production increased by 14.27% to reach 21 million 692 thousand tons, accounting for the world's total output of 41 million 700 thousand tons, accounting for more than half of the world's first half of the proportion of 52%. China's large-scale production of stainless steel ore smelting enterprises more than 30, of which, more than 1 million tons of crude steel production of more than 9 tons. From 2000 to 2014, China's stainless steel production has maintained a double-digit rapid growth, which also led the world's crude steel production in 2005 to 6 years in the past ten years has maintained positive growth. 2005, China's stainless steel industry began to soar, an annual increase of 51.6%, and triggered a global stainless steel production increased by 17%. 2010, China's crude steel output to grow by 22.8% of the strong driving force of global growth of 31.4%. Since 2010, China's stainless steel production has become the main driving force for global growth. 2014, China's growth rate fell to 14.27%, while still driving the global growth rate of up to 9.45%.
In 2014 2015 the price change radically stainless steel, stainless steel prices trend is particularly weak, overall showing a unilateral downward trend, steel prices not only rarely pull up, and pull up a short time, or small, especially in November after a sharp decline in nickel LME nearly a month since 2009, fell below the record low, stainless steel prices follow LME nickel stainless steel prices accelerate the decline of individual species is to create a record low!
In 2016, the macroeconomic situation remains uncertain, as part of the economic downward pressure on the first half of the year, the government took the stimulus policies, especially the new RMB loans in the first quarter volume growth of 25.5%. In the first half of the government PPP projects and the real estate industry took the lead, the economic indicators have improved significantly, PPI index rebounded for 5 consecutive months, the overall rebound in the price of industrial products. As for the industrial area of stainless steel products, the market trend in the last 10 years low prices into the oversold area, a substantial reduction and loss of steel mills, steel stocks fell to low society. After the Spring Festival, the market began to change, prices rebound, the transaction is gradually active, after the rapid rise in prices in April, the steel mills in May increased orders, production reached the highest level in the first half. And steel in the first half profit is good, reversing the situation of sustained losses last year. For the second half of the market trend, first of all, it is worth noting that this year, the amount of steel mills are not in the pursuit of a large number, but also want to create more profits, to ensure normal cash costs are positive. The second half of 2016, a Biaohong stainless steel market, nickel prices have been rising, the whole industry market continued to rise, steel mills also appeared disc phenomenon, but also to the stainless steel market rally.
In early 2017, originally thought back to the second half of 2016 with the rally, all the way up, but the reality is that there is a decline, it is bound to rise high. After 2014, the opening of the idea that the country's environmental protection, many manufacturers have been sealed, will drive up the market. Who knows the price of nickel will always be caught off guard up, also will be caught off guard down, now the market for years ago has dropped a lot, as nickel prices fell, leading to the market relatively low, many buyers are waiting for the fall. But who knows to wait for the result is down, or taking advantage of rising up?
The content of this paper is as follows: "China's stainless steel market supply and demand analysis and Market Research Report" in 2016-2022