Alloy steel Price Index Chart
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ALLOY STEEL OVERVIEW
Alloy steel is steel that is alloyed with a variety of elements like nickel, chromium, tungsten, molybdenum etc. Alloy steels are broken down into two groups: low alloy steels and high alloy steels.
Alloy steel (as compared to carbon steels) has a wide range of properties like strength, hardness, toughness, wear resistance, corrosion resistance, hardenability, due to which makes it suitable for high demanding applications like turbine blades, nuclear reactors etc. It also has applications that require resistance to extreme conditions of heat and/or corrosion, e.g. seamless superheater and high-temperature tubes.
As the term alloy steel encompasses numerous types of steel, its application areas are broad. It is primarily used within the following industries
- Security and Defence
- Building & Construction
- Machinery and Equipments
Alloy steel Price Development
UVE Wire of alloyed steel HS 72299090
Increased by 5% in Dec 2020 compared to Nov 2020.
Decreased by 6.5% in Dec 2020 compared to Dec 2019.