Everyone also knows that the price of special alloy steel is more expensive, but if we know this, we will not feel expensive. The steel industry, upstream of the industry’s supply chain, is iron ore, coke, non-ferrous metals, natural gas, etc. These have profoundly affected the pricing of steel. However, to explore the price of special steel more specifically, the following factors may be found.
I am an employee of Otai Special Steel Co Ltd, we mainly sell special alloy steel.so what is special alloy steel? special alloy steel refers to steels with special chemical composition, produced by special processes, with special structure and properties, and can meet special needs.
Everyone also knows that the price of special alloy steel is more expensive, but if we know this, we will not feel expensive. The steel industry, upstream of the industry’s supply chain, is iron ore, coke, non-ferrous metals, natural gas, etc. These have profoundly affected the pricing of steel. However, to explore the price of special steel more specifically, the following factors may be found.
mainly reason
1 raw material
why special alloy steel is called “special” steel, the reason is that its composition differs from ordinary steel, and one or several precious metal elements are added, such as molybdenum, nickel, chromium, titanium, cobalt, and so on.
2 production process
Ordinary smelting methods can be used for ordinary steels. Due to the harsh service environment, special steels have high requirements for material properties. To achieve the purpose of corrosion resistance, wear resistance, high-temperature resistance, impact resistance, etc. special melting method must be applied in. In these methods, equipment is complicated and expensive, and the energy consumption is large.
3 Processing cost
The smelting process is the processing process, casting, forging, piercing, etc., each additional production pass is a cost increase. Processing cost plus material loss, the price goes up.
4 cost of capital
End-user requirements are usually small batches, multiple varieties, and multiple specifications, so for distributors, inventory materials can only be sold slowly.
5 Supply and demand
Because of the special nature of the special steel material, the seller is very strong. If special steel, there are only one or two suppliers worldwide, the price will certainly not be cheap.
The above factors generally determine the pricing of special alloy steel in the market. Therefore, the price of special steel is expensive, You cannot simply think it is the problem of the supplier. I think customers should care about the quality of special steel, rather than only looking at the price.
Introduction of Otai Steel
Otai Steel supplies a wide range of carbon, alloy, and stainless steel products, After almost 20 years of development and growth, Otai Steel becomes one comprehensive special steel factory, stockist and exporter. Due to satisfactory reliable quality and professional service, Otai expands our market worldwide, reasonable price is provided, welcome to send the inquiry.
