China's stainless steel industry development progress later, since the founding of the reform and opening up, China's demand for stainless steel is mainly based on industrial and national defense-based use. After the reform and opening up, the rapid development of the national economy, the people's living standards improved significantly, pulling the demand for stainless steel. Into the 90s of last century, China's stainless steel industry into a period of rapid development, the demand for stainless steel growth rate is much higher than the global level. Since 1990, the apparent consumption of stainless steel in the world to an average annual growth rate of 6%, and 90 years of 10 years, China's apparent consumption of stainless steel is the world average annual growth rate of 2.9 times. Into the 21st century, China's rapid growth of stainless steel industry.

2000 -2006, China's annual growth rate of stainless steel consumption in 21.17% or more. Among them, in 2001, China's apparent consumption of stainless steel reached 2.05 million tons, more than the United States to become the world's largest stainless steel consumer. In 2008, China's apparent consumption of stainless steel reached 6.24 million tons, down 5.17% year on year.

In November 2011, China's stainless steel production increased by 11.1% to 12.5 million tons. Production of 336,800 tons of stainless steel products, an increase of 65.25%. Guangdong Province is China's stainless steel products, the main production base, its output reached 183.7 million tons, an increase of 41.76%, accounting for 78.62% of the total output.