Assessing China stainless steel production and its impact on the automotive industry

One of the most widely used goods in the stainless steel chain is automobiles. About 40 percent of the world's stainless steel production is spent on automotive. Under the current circumstances, it is predicted that from 2020 to 2027, we will see a 6.3% growth in the GDP of the countries that invest in this field. In terms of revenue generation, this branch of the steel market is very attractive and pristine.