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304 stainless steel strip is one of the most widely used stainless steel materials. A chromium-nickel austenitic stainless steel, it offers excellent corrosion resistance, good processability, and outstanding overall mechanical properties. Its typical composition is 18% chromium and 8% nickel (i.e., 18-8 stainless steel), which imparts exceptional resistance to oxidation, acid, and alkali corrosion. It can withstand long-term, stable operation in a variety of harsh environments, and is particularly well-suited for applications involving humid, high-temperature environments, and mildly corrosive media. The material boasts a high surface finish and can be treated with a variety of finishes, including brushed, mirrored, and sandblasted. It is widely used in products requiring both aesthetics and functionality. It also maintains good toughness even at low temperatures, exhibits excellent fatigue resistance and weldability, and is non-magnetic or weakly magnetic, making it suitable for magnetism-sensitive 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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