Steel Growth - Stainless Steel | Structural Steel | Carbon Steel | Steel Casting, Slag & Plates | Electrical Steel | Galvanized Steel
Steel has had a major influence on our lives, the cars we drive, the buildings we work in, the homes in which we live and countless other facets in between. Steel is used in our electricity-power-line towers, natural-gas pipelines, machine tools, military weapons-the list is endless. Steel has also earned a place in our homes in protecting our families, making our lives convenient, its benefits are undoubtedly clear.
Steel is by far the most important, multi-functional and most adaptable of materials. The development of mankind would have been impossible but for steel. The backbone of developed economies was laid on the strength and inherent uses of steel.
The various uses of steel which in turn is a measure of adaptability of steel can be judged from the following characteristics of steel :
The steel industry has developed new technologies and has strived hard to make the world's strongest and most versatile material even better. There are altogether about 2000 grades of steel developed of which 1500 grades are high grade steels. There is still immense potential for developing new grades of steel with varying properties .The large number of grades gives steel the characteristic of a basic production material Steel has enjoyed an important position in our lives and will continue to do so in the years to come. However, the degree to which it maintains its dominant position will depend on if steel can exploit its potential by developing new higher grades and adaptable grades . This can be achieved by refining the structure and applying alloying techniques and thus furthering its utility value. We will have to find out ways to use steel and be ready to face a stiff competition from Aluminium in the future.
Growth in the popularity of pre-engineered metal buildings and lightweight building materials drives the demand for steel. Market. Besides this, the transition from conventional casting processes to novel technologies making the use of recycled materials also drives market growth. The issue of buckling associated with steel structures restricts the fruitful growth of steel market. The involvement of various steel manufacturing companies in extensive R&D and collaborations is expected to boost the demand for steel market in the near future.
The various uses of steel which in turn is a measure of adaptability of steel can be judged from the following characteristics of steel :
- Hot and cold formable
- Weldable
- Suitable machinability
- Hard, tough and wear resistant
- Corrosion resistant
- Heat resistant and resistance to deformation at high temperatures.
The steel industry has developed new technologies and has strived hard to make the world's strongest and most versatile material even better. There are altogether about 2000 grades of steel developed of which 1500 grades are high grade steels. There is still immense potential for developing new grades of steel with varying properties .The large number of grades gives steel the characteristic of a basic production material Steel has enjoyed an important position in our lives and will continue to do so in the years to come. However, the degree to which it maintains its dominant position will depend on if steel can exploit its potential by developing new higher grades and adaptable grades . This can be achieved by refining the structure and applying alloying techniques and thus furthering its utility value. We will have to find out ways to use steel and be ready to face a stiff competition from Aluminium in the future.
Source: Sail Suraksha

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