- Industry: Metals
- Number of terms: 8616
- Number of blossaries: 0
- Company Profile:
Michelle Applebaum Research is a Chicago-based equity
research consulting firm founded by Michelle Applebaum,
formerly a Managing Director of Salomon Brothers. The
company provides consulting expertise in the area of steel
and steel equities to institutional investors and industry.
The term for grades of steel that contain more than 10% chromium, with or without other alloying elements. Stainless steel resists corrosion, maintains its strength at high temperatures, and is easily maintained. For these reasons, it is used widely in items such as automotive and food processing products, as well as medical and health equipment. The most common grades of stainless steel are:
Industry:Metals
The most commonly specified austenitic (chromium-nickel stainless class) stainless steel, accounting for more than half of the stainless steel produced in the world. This grade withstands ordinary corrosion in architecture, is durable in typical food processing environments, and resists most chemicals. Type 304 is available in virtually all product forms and finishes.
Industry:Metals
Austenitic (chromium-nickel stainless class) stainless steel containing 2%–3% molybdenum (whereas 304 has none). The inclusion of molybdenum gives 316 greater resistance to various forms of deterioration.
Industry:Metals
Ferritic (plain chromium stainless category) stainless steel suitable for high temperatures. This grade has the lowest chromium content of all stainless steels and thus is the least expensive.
Industry:Metals
The most widely used martensitic (plain chromium stainless class with exceptional strength) stainless steel, featuring the high level of strength conferred by the martensitics. It is a low-cost, heat-treatable grade suitable for non-severe corrosion applications.
Industry:Metals
The most widely used ferritic (plain chromium stainless category) stainless steel, offering general-purpose corrosion resistance, often in decorative applications.
Industry:Metals
A technique used to predict when a steelmaking function’s quality may deteriorate. By tightly monitoring the product’s variance from specifications, the operator can determine when to apply preventative maintenance to a machine before any low-quality (secondary) steel is produced.
Industry:Metals
A reversing steel sheet reduction mill with heated coil boxes at each end. Steel sheet or plate is sent through the rolls of the reversing mill and coiled at the end of the mill, reheated in the coil box, and sent back through the Steckel stands and recoiled. By reheating the steel prior to each pass, the rolls can squeeze the steel thinner per pass and impart a better surface finish.
Industry:Metals
The amount of steel used per unit of gross domestic product. Intensity reflects the secular demand for steel, as opposed to cyclical demand. The amount of steel used in vehicles and the popularity of alternative materials affect the intensity, or how much steel is needed per unit produced. The state of the economy, however, determines the number of units.
Industry:Metals
Consumer products such as automobiles and appliances that, because so much of their weight is from steel, exhibit a high demand correlation with steel.
Industry:Metals
