China is expected to produce 10 million tons or more of stainless steel this year as long as no such a great fluctuation occurs in the international and domestic markets as one happened in the latter half of last year. China has a designed stainless capacity of over 20 million tons. The country produced 500 million tons of crude steel last year, only 1.65 percent of which were stainless steel, compared with more than 2.5 percent in advanced nations.