International Stainless Steel ... TN Online Bd Store. global stainless steel market
- Stainless steel is an alloy of iron containing nickel and chromium that protect against corrosion and rust.
- This material is remarkably strong and resistant to high temperatures, providing optimal performance in severe environmental and chemical conditions.
- Stainless steel makes it ideal for use in the construction, automotive, and transportation sectors.
- Its versatility makes it a popular element in household railings and household items such as many appliances and cutlery.
- Over the past few decades, the demand for stainless steel has surpassed that of other metals.
- At a recent BIR convention, it was noted that the compound annual growth rate (CAGR) for stainless steel was 5.6% for the period 2000 to 2018, with China recording a particularly strong CAGR of 14% over the same period. global stainless steel market
- In addition to nickel and chromium, other major alloying elements used in steel alloys include molybdenum, titanium, tungsten, and vanadium.
- These metals are rare and found in very few parts of the world, which makes extraction expensive and difficult.home
- Therefore recycling is essential to reduce the depletion of the planet's natural resources; As a result, the recycling industry has become an important factor in providing a stable supply of quality secondary raw materials.
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Thickness-1mm, 1,2,1.5.
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