Yongjin Group Thailand's 260,000-ton cold-rolled project broke ground, while Vietnam's Xinyue Technology launched its 260,000-ton precision strip project. Southeast Asia has become a key overseas expansion focus for Chinese stainless steel enterprises. Indonesia's stainless steel output remained high, with exports to China totaling 135,800 tons in the first half of 2025—a 2.48% quarter-on-quarter decline.

2. Diverging Demand in Europe and the US European stainless steel output declined 5.1% year-on-year, with high-end product demand shifting to China due to carbon tariffs and energy costs. US production grew 7.8%, but Section 232 tariffs led to increased transshipment of Chinese exports to the US via Southeast Asia.

3. Domestic Regional Concentration East China and South China accounted for 63.8% of total capacity, with industrial parks in Ningbo, Wuxi, and Foshan contributing 62% of the region's industrial added value. The Songyang County CPPCC held a thematic consultation on stainless steel pipe industry innovation to advance regional cluster upgrading in Zhejiang.