Stainless Steel, Its Types & Benefits
The demand for stainless steel is increasing by 5% each year. In 2019, its global production reached over 52 million tons. At present, a vast number of industries utilize stainless steel. Aside from traditional and marine constructions, household appliances are also experiencing a rise in usage. While stainless steel is more expensive than mild steel, its excellent properties lead to increased service life and reduced cycle cost. So the higher upfront costs pay off in the longer run.
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