Stainless Steel Market - Global Trend and Outlook to 2030
Stainless Steel is a corrosion-resistant alloy that is widely used in various industries due to its unique properties. It is primarily composed of iron, with the addition of chromium, nickel, and other elements that contribute to its corrosion resistance, durability, and aesthetic appeal. The addition of chromium forms a protective oxide layer on the surface, which prevents rust and corrosion, making stainless steel highly suitable for applications where exposure to moisture, chemicals, and harsh environments is common.