At present, China's stainless steel consumption has reached a high level, approaching 1/4 of the global total consumption, with a per capita stainless steel consumption of 3.4KG, ranking among the top in developing countries. However, the growth rate of consumption has gradually slowed down, transitioning from a high-speed development stage with an average annual growth rate of over 30% to a steady development stage with a current growth rate of 6.43%.