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Steel is a very useful material that is used in a myriad of applications. In fact, it is estimated that more than 55% of the average car is made of steel. The kind of alloys used to manufacture it determines its versatility, as they affect the quality, durability, and strength. For example, the way that the metal is cooled by manufacturers can have a significant impact on the microstructure of the metal and its overall properties. It can be manipulated to achieve certain properties such as machinability, yielding strength, and resistance to corrosion.

Steel is iron which has had other elements added to it to enhance its physical properties and make the steel suitable for certain uses. The proportions of the additional alloying elements determines which category of steel a particular steel belongs to and its overall performance in different applications.

For instance stainless is composed of a minimum of 11 percent chrome. This makes it impervious against corrosion. This makes it perfect for a variety of applications such as cutting-edge kitchen equipment or cutlery. Tool steel, for instance, has an exceptionally high durability Recommended Reading about How Virtual Data Rooms Make a Difference and abrasion resistance which makes it a preferred material for hand tools and machine dies. Carbon steels are also suited to a wide range of applications due to their excellent ductility. Electrical steel is a special steel grade that is composed of silicon (typically 3%) This enhances the magnetic properties and reduces the loss of eddy current, making it great for transformer cores as well as electric motor laminations.