Stainless maintains growth pattern.Asia--led by China--continues to steer increases in world stainless steel stainless steel: see steel. stainless steel Any of a family of alloy steels usually containing 10–30% chromium. The presence of chromium, together with low carbon content, gives remarkable resistance to corrosion and heat. production, which reached an estimated 24.3 million metric tons in 2004, an increase of almost 7 percent from 2003. Sandro Giuliani of Giuliani Metalli SAS--Cronimet Group, Italy, and chairman of the Bureau of International Recycling's (BIR BIR British Institute of Radiology BIR Bureau of Internal Revenue BIR Bureau of International Recycling BIR Baculovirus IAP Repeat BIR Biomedical Imaging Resource BIR Bureau of Intelligence and Research (US State Department) ) Stainless Steel and Specialty Alloys Committee, writes in the April edition of the "BIR World Mirror" that Chinese production of stainless steel is expected to be at least 16 percent for 2004, while European production increased by nearly 7 percent, despite restructuring. Giuliani writes that in spite of fears that high nickel values would lead manufacturers to replace traditional alloys with those containing less nickel, production should not be affected in the short term. Specialty alloys have also experienced higher prices brought on by demand pressures. "The constant upward trend in molybdenum molybdenum (məlĭb`dənəm) [Gr.,=leadlike], metallic chemical element; symbol Mo; at. no. 42; at. wt. 95.94; m.p. about 2,617°C;; b.p. about 4,612°C;; sp. gr. 10.22 at 20°C;; valence +2, +3, +4, +5, or +6. has been particularly impressive," Giuliani says. "Titanium titanium (tītā`nēəm, tĭ–) [from Titan], metallic chemical element; symbol Ti; at. no. 22; at. wt. 47.88; m.p. 1,675°C;; b.p. 3,260°C;; sp. gr. 4.54 at 20°C;; valence +2, +3, or +4. scrap prices have also climbed to extremely high levels, supported by the recovery within the aerospace industry and strong demand for ferrous ferrous (fĕr`əs), iron in the +2 valence state. Containing or having to do with iron. The difference between ferrous and ferric is the number of valence electrons they contain (ferrous contains two and ferric contains three), which ," he adds. |
|
||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion