Microstructure (ferritic, pearlitic, martensitic, etc.).Production method (electric furnace, continuous cast, etc.).Finishing method (hot rolled, cold rolled, cold finished, etc.).Composition (carbon range, alloy, stainless, etc.).Steel can also be classified by several different factors, including: Tool steel – Tool steel is a type of steel alloy that’s hardness, resistance to abrasion, and ability to retain shape at increased temperatures make it a popular choice for hand tools and machine dies.Stainless steel – Stainless steel is a type of steel alloy that contains a minimum of 11% chromium, which helps the material resist corrosion.This produces specific properties that are not found in standard carbon steel. Alloy steel – Alloy steel is made by combining carbon steel with one or several alloying elements, such as titanium, copper, chromium, aluminum, manganese, silicon, and nickel.Carbon steel is commonly used to make construction materials, tools, automotive components, and more. Carbon steel – Carbon steel has a higher concentration of carbon than other types of steel (up to 2.5% carbon), which adds to carbon steel’s strength.The concentration of carbon and iron or the addition of other elements affect steels’ properties and strength, which aids in steel’s usefulness for an endless variety of end uses. In the simplest context, steel is composed of iron and carbon, but in actuality, steel isn’t so simple. Steel is one of the most useful materials in the world.
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