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Stainless steel, also known as inox, corrosion-resistant steel (CRES), or 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 ...
A rise in the price of Co in the late 1970s led to cobalt-free maraging steels. [4] The common, non-stainless grades contain 17–19 wt% Ni, 8–12 wt% Co, 3–5 wt% Mo and 0.2–1.6 wt% Ti. [5] Addition of chromium produces corrosion-resistant stainless grades.
In the latest in a series of hikes enacted this year, AK Steel is increasing prices for a number of its specialty stainless steel products. The company announced that the raises will take the form ...
For each commodity they quote a range (low and high price) which reflect the buying and selling about 9-fold due to China's transition from light to heavy industry and its focus on manufacturing. [2] China became the world's largest consumer of iron ore in 2003, [ 3 ] and accounts for over half of global metal consumption.) [ 4 ]
The industry argued that steel tariffs imposed in 2018 boosted steel prices, profits, and employment. They have also publicly called for stricter enforcement of trade laws and increased tariffs on steel-intensive products from China and Southeast Asia. [21]
High strength low alloy steel has small additions (usually < 2% by weight) of other elements, typically 1.5% manganese, to provide additional strength for a modest price increase. [ 76 ] Recent corporate average fuel economy (CAFE) regulations have given rise to a new variety of steel known as Advanced High Strength Steel (AHSS).
Ferritic stainless steel alloys are designated as part of the 400-series of stainless steels in the SAE steel grades numbering system. By comparison with austenitic stainless steels, these are less hardenable by cold working and less weldable, but more cost-effective due to the lower nickel content.
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