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202 stainless steel strip is a widely used stainless steel material in industrial manufacturing. It belongs to the chromium-manganese-nickel family of austenitic stainless steels and is favored by the market for its excellent mechanical properties, corrosion resistance, and relatively low cost. Compared to 304 stainless steel, 202 stainless steel maintains basic performance while maintaining a moderately reduced nickel content and increasing manganese and nitrogen to partially replace the nickel content, effectively controlling production costs and making it highly competitive in the mid- and low-end markets.
202 stainless steel strip offers excellent processability and is easy to cold-roll, stamp, bend, and weld. Its excellent formability makes it suitable for the production of various complex parts. Its smooth surface, uniform color, and corrosion resistance make it particularly suitable for use in weak acids, weak bases, and general atmospheric environments. While its corrosion resistance is slightly lower than that of 304 stainless steel, it is fully capable of meeting the requirements of everyday environments and non-severe corrosive conditions.
Founded in 2001, Wuxi Huansheng Precision Alloy Materials Co., Ltd. (formerly Wuxi Huansheng Metal Products Co., Ltd.) is a specialized manufacturer engaged in the R&D and production of cold-rolled stainless steel strips. The company has a registered capital of 60 million RMB and a plant area of approximately 45,990 square meters, with an annual production capacity of up to 72,000 tons. Product thickness ranges from 0.03 mm to 3.0 mm, with a maximum width of 650 mm.
Recently, fluctuations in raw material prices and global supply chain issues have caused stainless steel coil prices to fluctuate, attracting significant attention from the market and investors.
Faced with increasingly stringent global environmental regulations, stainless steel coil manufacturers are actively seeking to use more environmentally friendly production methods and materials to reduce their carbon footprint and meet market demand.
According to the latest market research report, global demand for stainless steel coils is expected to grow by 5.3% in 2024, primarily driven by increased demand from the automotive and construction industries.
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