I don't respond to messages any more. But I'd like to comment (some minor corrections) on the above numbers.

China's stainless steel production in the first three quarters up by 37.25% to 6.6M tons (40% of world steel production), an increase of 1.8M tons compared to last year. The National consumption of stainless steel is 6.2M tons, an increase of 2M tons, up by 45.75%. The entire stock doesn't change much this year, still at about 11M tons.

China's economic recovery basically relies on policies. I've heard that government tends to decrease stainless steel production as they got over-produced, which in turn has a negative impact on steel price (Nickel, chrome as well). As a result lots of major steel producers half or completely shut down this year. On the other hand, recovery has to be underpinned by more money thrown into infrastructure (read more steel needed). So we are cautiously optimistic while eyeing on government policy change.

Anyways, China promised economic growth of 8%. It needs to consume huge amount of steel. Hopefully we can benefit from it, soon.