The total global outturn for crude stainless steel in 2010 has been provisionally reported at 30.685 million tonnes. This is 8.7 percent higher than the previous peak, in 2006. Worldwide production was 24.7 percent higher than in 2009, which was the low point of the recent recession. Most traditional steel making countries are still producing at well below their highest recorded levels, whereas China has more than doubled its output in the last five years. Further, year-on-year, global growth of 8.1 percent is forecast for 2011, to give another record output of 33.165 million tonnes.
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