In 2023, global stainless steel production will exceed 58 million tons. There are 9 major markets engaged in stainless steel smelting worldwide, including China, the European Union, the United States and other Asian countries. Among them, China is in a leading position in the stainless steel industry. Then the main stainless steel manufacturers in each region were introduced. Among them, the Chinese market is dominated by steel mills such as Qingshan, Taiyuan Steel, Beigang New Materials, Posco, Delong, and Lianzhong. Challenges and difficulties under current global trade barriers.
The harm of trade protectionism: harming the interests of consumers, slowing down the development of importing countries, hindering production and technological upgrading, de-globalizing the economy, not helping to increase employment, and retaliatory tariffs by producing countries.
Crises and opportunities: communication, cooperation, promoting free trade areas, improving domestic industry competitiveness, opening to the global market, and self-innovation.
