In an ancient Greek myth, Prometheus steals fire from the gods so that humans may escape their wretched situation on Earth. A modern rendition of this myth may have Prometheus bringing us steel rather than fire.

It is steel, strong and versatile, which releases modern humans from the constraints of nature. It is a stalwart in everything from medical equipment to structural elements, to specialty parts in aerospace, automotive, shipbuilding, military, and infrastructure industries. Today, our steel researchers, metallurgists, technicians, and engineers put on the garb of Prometheus as they continue to perfect different grades and specialty steel.

What are some of the aspects that go into steel processing?

Steel Grades Make Steel Processing Easier

In the modern world, there is a specialist for every job. It’s no different with steel. The “grade” of steel is a descriptor that identifies both the physical properties of the steel as well as its composition, among other descriptors. Currently, there are more than 3,500 grades of steel, each tailored towards a specific task. Of these, the grand majority were developed just in the last 25 years.

Thanks to this variety, steel processors can offer their clients the perfect “specialist” for the job.

Steel Processing: Earth-Friendly

No modern industry can claim to be for the benefit of mankind without being sustainable. For this reason, steel sustainability has made huge leaps in the last decades towards social responsibility.

Fortunately, as a material, steel is very compatible with sustainable goals. Steel is 100% recyclable. It is also very long-lasting and improves the performance of transportation vehicles, which makes for greener rides. Recently with the increased prominence of electric arc furnaces, more and more steel recycling has given new life to old steel. All this is done without reductions in quality or performance.

Creating Better Steel for Steel Processing

The creation of new grades of steel involves transformation of the chemical composition of steel alloys as well as using different physical processes to transform steel.

Steel can be categorized into four basic groups based on the chemical compositions:

1. Carbon steel
2. Alloy steel
3. Stainless steel
4. Tool steel

Check out this page to learn more about each of those categories.

Steel Processing: A Huge Enterprise

2020 saw the production of 1.88 billion metric tonnes (Mt) globally, which was actually 0.3% above the pre-pandemic 2019 production numbers. The worldwide COVID-19 pandemic caused many industries to grind to a halt, which – in turn, decreased the demand for steel. However, in 2022 demand promises to bounce back. The Worldsteel Association predicts that “steel demand will grow by 4.5% in 2021 and reach 1,855.4 Mt after 0.1% growth in 2020. In 2022, steel demand will see a further increase of 2.2% to 1,896.4 Mt. The current forecast assumes that, with the progress of vaccinations across the world, the spread of variants of the COVID virus will be less damaging and disruptive than seen in previous waves.”

Steel Processing of Advanced High Strength Steels

A thematic characteristic of steel and steel processing is that it’s a forward-looking industry […]