In recent years, China's self-developed stainless steel products have been widely used in many fields, especially the chemical, auto, aerospace and medical industries, playing a crucial role in stabilizing the industrial and supply chains of China's steel industry.

Despite the large stainless steel output and complete range of varieties and specifications, China still falls short in terms of the core technology and innovation capacity. The industry is facing COVID-induced risks, compounded by high reliance on raw materials from foreign sources and international price fluctuations, industry insiders said.