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Composition Characteristics
• Chromium-nickel alloy: This is a Cr-Ni austenitic stainless steel. Chromium is a key element in forming the passive film, which imparts corrosion resistance. Nickel expands the austenite phase, giving the steel good toughness and forgeability.
• Other Elements: Some grades contain additions of elements such as molybdenum and titanium. For example, molybdenum in the 316 series improves resistance to pitting and crevice corrosion; titanium in 321 prevents intergranular corrosion.
Performance Characteristics
• Strong Corrosion Resistance: It exhibits strong corrosion resistance in many environments, offering good tolerance to air, water, acids, alkalis, and salts. For example, 316L exhibits outstanding corrosion resistance in chloride-containing seawater.
• Non-magnetic: With its austenitic structure, it is generally non-magnetic, making it suitable for applications requiring magnetic properties.
• Good Processability: It can be produced in various shapes and sizes through cold working methods such as cold rolling and cold drawing. It can also be welded, stamped, and bent.
• Combined Strength and Toughness: It offers high strength combined with good toughness, allowing it to withstand significant forces and deformation without breaking.
Common Grades and Applications
• 301: Compared to 304, it has lower Cr and Ni contents. Its tensile strength and hardness increase after cold working, making it suitable for applications such as trains, aircraft, and conveyor belts.
• 304: Highly versatile, with excellent corrosion resistance, heat resistance, low-temperature strength, and mechanical properties. It is used in medical devices, building materials, chemicals, ship components, automotive parts, the food industry, and household goods.
• 304L: A low-carbon 304 steel with excellent resistance to intergranular corrosion after welding or stress relief. It is used in outdoor machinery in the chemical, coal, and oil industries, where intergranular corrosion resistance is critical.
• 316L: In chloride-containing corrosive media, it offers higher corrosion resistance than 304 and 304L, making it suitable for seawater desalination and the water industry.
• 321: 304 steel is modified with Ti to prevent intergranular corrosion. It is suitable for use in temperatures between 430°C and 900°C, and is used in aircraft, exhaust pipes, boiler drums, and other applications.
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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