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Stainless steel, also known as inox, corrosion-resistant steel (CRES), and rustless steel, is an alloy of iron that is resistant to rusting and corrosion. It contains iron with chromium and other elements such as molybdenum, carbon, nickel and nitrogen depending on its specific use and cost. Stainless steel's resistance to corrosion results ...
Owner. Hong Kong Exchanges and Clearing. The London Metal Exchange (LME) is a futures and forwards exchange in London, United Kingdom with the world's largest market [citation needed] in standardised forward contracts, futures contracts and options on base metals. The exchange also offers contracts on ferrous metals and precious metals. [1]
Metal prices are the prices of metal as a commodity that are traded in bulk at a predefined purity or grade. Metal can be split into three major categories, precious metals, industrial metals and other metals. Precious metals and industrial metals are priced by trading of those metals on commodities exchanges. [1]
The 2000s commodities boom or the commodities super cycle[1] was the rise of many physical commodity prices (such as those of food, oil, metals, chemicals and fuels) during the early 21st century (2000–2014), [2] following the Great Commodities Depression of the 1980s and 1990s. The boom was largely due to the rising demand from emerging ...
Cleveland-Cliffs Inc. (CCI, formerly Cliffs Natural Resources) is an American steel manufacturer based in Cleveland, Ohio. They specialize in the mining, beneficiation, and pelletizing of iron ore, as well as steelmaking, including stamping and tooling. The company was the world's 25th-largest steel producer and the third-largest in the United ...
The most common austenitic stainless steel and most common of all stainless steel is Type 304, also known as 18/8 or A2. Type 304 is extensively used in such items as cookware, cutlery, and kitchen equipment. Type 316, also known as A4, is the next most common austenitic stainless steel. Some 300 series, such as Type 316, also contain some ...
In addition, DCE intends to increase its support to industries and develop corporate and institutional client group. As a Deputy to the 11th National People's Congress, Mr. Liu Xingqiang was calling on the government to allow the establishment of commodity futures funds in an attempt to draw more institutional investors balance into the country's burgeoning futures market.
304 stainless steel pipes. SAE 304 stainless steel is the most common stainless steel. It is an alloy of iron, carbon, chromium and nickel. It is an austenitic stainless steel, and is therefore not magnetic. It is less electrically and thermally conductive than carbon steel. It has a higher corrosion resistance than regular steel and is widely ...