Stainless Steel is a common name for metal alloys
that consist of 10.5% or more Chromium (Cr) and more than 50% Iron (Fe).
It is highly stain resistant. A somewhat dark metal, but looks bright
because it reflects light. While the original form of stainless steel,
(iron with around 12% Chromium) is still in widespread use, engineers
now have a wide choice of different types (grades). In all, there are
more than 100 different grades but these are usually sub-classified into
distinct metallurgical "families" such as the austenitic,
ferritic, martensitic and duplex families.
The proportions of iron to chromium may be varied and other elements
such as nickel, molybdenum, manganese and nitrogen may be added to widen
the range of capabilities. Each particular grade of stainless steel has
its own unique mechanical and physical properties and will usually be
produced in accordance with an established national or international
specification or standard.
World Austenitic and Ferritic Stainless Steel Production (1985 -
2005)
Source: Inco, BNP Paribas Estimates