Alloy Steel: Everything you need to know about alloy steels and their role in building and construction industry Full-time JobBanking & Financial Services 54 views
An overview of ‘steel’
Steel is among the most popular materials used in the construction industry. According to the World Steel Association, in 2018 around 1,808 million tons of crude steel was produced worldwide and about 50% of this production was utilized by the construction industry. Further, they also state that there are as many as 3,500 different grades of steel and each grade offers environmental, chemical and physical properties unique to that grade of steel. Steel has undergone significant evolution through time and around 75% of all the types of modern-day steel were developed in the past 20 years. It is interesting to note that had the Eiffel Tower (constructed in 1887) been constructed in today’s times, it would require only one-third of the steel used back then.
Types of alloy steel
There are two kinds of alloy steel – low-alloy steel and high-alloy steel. As mentioned earlier, the composition and proportion of alloying elements determine the various properties of alloy steel. Low-alloy steels are the ones that have up to 8% alloying elements whereas high-alloy steels have more than 8% alloying elements.
Alloy steel products and their applications
There are hundreds of products that can be manufactured with alloy steels of varying compositions. These include Stainless Steel Pipe/tubes, alloy steel plates, sheets and coils, alloy steel bars, rods and wires, alloy steel forged fittings, alloy steel buttweld fittings, alloy steel flanges, fasteners and more. Alloy steels have many uses in various industries such as automobiles, mining, machinery and equipment, railways, road construction, buildings, appliances and off-shore applications.
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