Steel, Master of Them All
Steel may be the master of all materials but it is engineers, machinists and other manufacturing craftsmen who make our modern world modern.
Steel may be the master of all materials but it is engineers, machinists and other manufacturing craftsmen who make our modern world modern.
Global steel production sets a new record!
Steel is killed to improve its soundness and internal structure. Silicon, Aluminum, Niobium, Vanadium, and sometimes Manganese are added to scavenge oxygen in the molten steel.
Prices of raw materials used to make precision machined products are up substantially, ranging from 44% to 114% from March 2009- March 2010 for 6 of the 7 materials we track.
The latest ISM survey of Manufacturing shows seven consecutive months of manufacturing recovery.
Adequate stock removal in machining, Eddy current testing, and adjusting order to reflect cold work application are important steps to maximize good part yield and minimize cracking due to post machining cold work.
Inventory destocking means shortages will be inevitable when business picks up. Shortages will lead to price increases. Your efforts to recover those price increases will make precision machining companies “the bad guys” fueling inflation.