11 facts about stainless steel - amm
TRANSCRIPT
There are more than 60 grades of stainless steel. Three main divisions of stainless steel are Austenitic, Martensitic and Duplex.
Source: The International Stainless Steel Forum (ISSF)
Source: Yale University Study
Source: Castle Metals
Source: CSIRO Source: ISSF
Any steel alloy that contains a minimum of 10.5% chromium is considered stainless steel. Major components of stainless steel include:
Iron
Chromium
Carbon
Nickel
Other metals, including notably molybdenum, that add to corrosion resistance
Austenitic (300 series) includes appliances,
boats, furnaces
Martensitic and Ferritic (400 series) includes screws, pins
Duplex (2000 series)includes keel bolts, offshore drilling rigs
The St. Louis Arch Monument in Missouri
uses 886 tonnes of stainless steel plate
Empire State BuildingStainless steel was used
on construction of the exterior and portions
of the interior
The Cloud Gate sculpture (aka The Bean) in Chicagois made of welded
stainless steel plates
The largest increases
year-over-year
Last year, overall production reached a record high of
41.7 million tonnes8.3% increase
The biggest growth1st quarter 2015 vs.
4th quarter 2014
11 Facts about Stainless Steel
1
2
Stainless Steel is used in a variety of applications. The average usage breakdown over the past decade is:3
Stainless Steel is potentially 100% recyclable and is non-toxic. The recycling recovery rates for stainless steel by sector are:4
Nickel, an integral component of stainless steel, is used in more than 300,000 products ranging from medical to military to industrial to aerospace to household goods, with an average lifespan of 25-35 years.
6 Benefits of stainless steel include corrosion resistance, fire and heat resistance, easy hygiene, ease of fabrication, aesthetic appearance and long-term value.
7
Since 1980, stainless steel has grown faster than most metallic materials. The compound annual growth rates since 1980:8
The share of stainless steel production last year was:9
The top 10 stainless steel companies by production are:10
Recent production statistics:11
Stainless steel has been used in numerous iconic structures:5
16%21%
31%
6% 6%20%
Building
Source: Laplace Conseil
Source: ISSF
Source: SMR Group (Steel and Metals Market Intelligence)
POSCO Group Shanxi TISCO YUSCO Group TK Stainless Group Acerinox Group Baosteel Group APERAM Group Outokumpu Stainless Group Jisco NSSCOther top producers include ArcelorMittal, ThyssenKrupp, AK Steel, and Allegheny.
Source: ISSF
Transport Machinery Appliances Electronics
95%85%
95% 95% 95%
Building Transport Machinery Appliances Electronics
China Other Asia EU Americas Rest of the world
Metal goods
Stainless Steel
Aluminium Copper Carbon Steel
Zinc Lead
12345678910
50% 23% 19% 2%6%
5.32%3.62% 2.66% 2.35% 2.34% 2.04%
www.cbmmna.com© 2015 American Metal Market
The Americas14.7% Asia (w/o China)
6%
The Americas 14.6% China
14.3%