Economics of Microalloyed Steels


Abstract:

The idea of satisfying engineering needs with less steel of higher quality is being realized in selected areas: bridges, reinforcing bars, and light weight automobiles. Microalloyed steels are particularly suited to replace commodity carbon steel, by offering both technical and economic benefits. The substitution offers the steel producer higher profits, while the consumer enjoys lower material cost, in addition to ability of manufacturing stronger, lighter and cheaper product. This unique .win-win. situation is financed by the value of steel which is not produced. The .miracle. of microalloying contributes thus to wealth formation. Whether and when the concept if substitution will be realized depends fully on the vision and perserverance of potential beneficiaries.


Author:

Michael Korchynsky

Affiiation

Stratcor Performance Materials, Inc.


Source:

ISSTech 2003 Conference Proceedings