Steel

Steel

Steel is a type of metal forged with iron and coal that is lighter and stronger than iron.

Industry: Metals

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Steel

finishing stand

Metals; Steel

The last stand in a rolling mill, which determines the surface finish and final gauge.

flat-rolled steel

Metals; Steel

Category of steel that includes sheet, strip, and tin plate, among others. Produced by passing ingot/slab through pairs of rolls.

flux

Metals; Steel

An iron cleaning agent. Limestone and lime react with impurities within the metallic pool to form a slag that floats to the top of the relatively heavier (and now more pure) liquid iron.

free on board (FOB) pricing

Metals; Steel

Phrase that explains whether the transportation costs of the steel are included. “FOB Mill” is the price of steel at the mill, not including shipping.

A common industry practice when a mill sells steel outside its geographic area; it will assume any extra shipping costs (relative to the competition) to quote the customer an equivalent price to get ...

forging

Metals; Steel

A metal part worked to predetermined shape by one or more processes such as hammering, pressing, or rolling.

full hard cold rolled

Metals; Steel

Hot rolled pickled steel that is cold reduced to a specified thickness and subject to no further processing (not annealed or temper rolled). The product is very stiff; it is not intended for flat ...