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A dramatic improvement in the prospects for United States Steel (NYSE: X) being sold to a foreign buyer led to a rally in the stock on the last trading day of the year. The news item that got the ...
Universal Stainless & Alloy Products, Inc. (NASDAQ:USAP) shares are trading higher on Thursday. The company disclosed that it has entered into a definitive agreement for an all-cash acquisition by ...
Stainless steel, also known as inox, corrosion-resistant steel (CRES), and rustless steel, is an iron-based alloy containing a minimum level of chromium that is resistant to rusting and corrosion. Stainless steel's resistance to corrosion results from the 10.5%, or more, chromium content which forms a passive film that can protect the material ...
The SAE steel grades system is a standard alloy numbering system (SAE J1086 – Numbering Metals and Alloys) for steel grades maintained by SAE International.. In the 1930s and 1940s, the American Iron and Steel Institute (AISI) and SAE were both involved in efforts to standardize such a numbering system for steels.
U.S. Steel, formed by J. P. Morgan's merger of Carnegie Steel with other steel producers, was once the largest company in the United States. [23] The Pittsburgh-based steelmaker had held the record for the largest initial public offering of any company in history—becoming the first billion-dollar company—and was added to the Dow Jones Industrial Average on its first day of public trading ...
904L is an austenitic stainless steel.It is softer than 316L, [1] [2] and its molybdenum addition gives it superior resistance to localized attack (pitting and crevice corrosion) by chlorides and greater resistance reducing acids; in particular, its copper addition gives it useful corrosion resistance to all concentrations of sulfuric acid.
To qualify as stainless steel, Fe-base alloys must contain at least 10.5%Cr. The iron-chromium phase diagram shows that up to about 13%Cr, the steel undergoes successive transformations upon cooling from the liquid phase from ferritic α phase to austenitic γ phase and back to α.
Japan's Nippon Steel is committed to its $15 billion acquisition of U.S. Steel and is confident of completing it by year-end, a senior executive said, despite strong U.S. opposition including from ...