The end of steel price hike?
16 min readJan 30, 2022
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Steel is an alloy of iron and about 2% or less carbon and 1% other elements. Pure iron is soft, but carbon greatly hardens it. Adjusting the carbon content changes the properties of steel. Heat-treating, mechanical working at cold or hot temperatures, or the addition of alloying elements may also give superior properties.
The three major classes are carbon steels, low-alloy steels, and high-alloy steels. Low-alloy steels (with up to 8%…