Stainless Steel Stocks List
Symbol | Grade | Name | % Change | |
---|---|---|---|---|
CHD | A | Church & Dwight Company, Inc. | 0.86 | |
PNR | A | Pentair, Ltd. | 1.80 | |
USAP | B | Universal Stainless & Alloy Products, Inc. | 0.27 | |
ZWS | B | Zurn Elkay Water Solutions Corporation | 1.39 | |
CRS | B | Carpenter Technology Corporation | 0.01 | |
WTS | B | Watts Water Technologies, Inc. | 2.05 | |
MRC | B | MRC Global Inc. | 1.75 | |
STLD | B | Steel Dynamics, Inc. | 0.64 | |
RS | B | Reliance Steel & Aluminum Co. | 0.92 | |
ACNT | B | Ascent Industries Co. | -1.53 |
Related Industries: Aerospace & Defense Chemicals Conglomerates Diversified Industrials Farm & Construction Equipment Household & Personal Products Industrial Distribution Industrial Metals & Minerals Metal Fabrication Oil & Gas Equipment & Services Pollution & Treatment Controls Scientific & Technical Instruments Security & Protection Services Specialty Industrial Machinery Steel
Symbol | Grade | Name | Weight | |
---|---|---|---|---|
SLX | B | Market Vectors Steel Index ETF Fund | 17.57 | |
XME | B | SPDR S&P Metals & Mining ETF | 15.14 | |
AQWA | C | Global X Clean Water ETF | 14.23 | |
PSCM | B | PowerShares S&P SmallCap Materials Portfolio | 11.9 | |
FXZ | D | First Trust Materials AlphaDEX Fund | 11.03 |
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- Stainless Steel
In metallurgy, stainless steel, also known as inox steel or inox from French inoxydable (inoxidizable), is a steel alloy with a minimum of 10.5% chromium content by mass and a maximum of 1.2% carbon by mass.Stainless steels are most notable for their corrosion resistance, which increases with increasing chromium content. Additions of molybdenum increase corrosion resistance in reducing acids and against pitting attack in chloride solutions. Thus, there are numerous grades of stainless steel with varying chromium and molybdenum contents to suit the environment the alloy must endure. Stainless steel's resistance to corrosion and staining, low maintenance, and familiar luster make it an ideal material for many applications where both the strength of steel and corrosion resistance are required.
Stainless steels are rolled into sheets, plates, bars, wire, and tubing to be used in: cookware, cutlery, surgical instruments, major appliances; construction material in large buildings, such as the Chrysler Building; industrial equipment (for example, in paper mills, chemical plants, water treatment); and storage tanks and tankers for chemicals and food products (for example, chemical tankers and road tankers). Stainless steel's corrosion resistance, the ease with which it can be steam cleaned and sterilized, and no need for surface coatings has also influenced its use in commercial kitchens and food processing plants.
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