HomeBusinessWednesday, January 23, 2019, 16:46:34

Friday, January 11, 19, 12:02:52, 2 Weeks Ago Via fastwell In Business

Why stainless steel tubes demand increased in Canada?
Rated 0 out of 5 stars based on 0 reviews.
Hits: 1

The answer to why stainless steel tubes demand increased in Canada? is primarily due to the growth of various heavy industries and the oil and gas industry in Canada.

The answer to why stainless steel tubes demand increased in Canada? is primarily due to the growth of various heavy industries and the oil and gas industry in Canada. Canada is the 2nd largest importer of stainless steel in the world today. According to the latest research data, the global demand for stainless steel is expected to climb as high as USD 133.8 billion, by the year 2025, this would be at a 5.2% CAGR. Work in the construction and building industry is also expected to increase the demand for stainless steel tubes in Canada.

With reference to 304 vs 316 stainless steel pipe cost, the cost of 304 stainless steel is Rs. 150 per kilo in India. That would be roughly 1.69 Pounds per kilo of 304 stainless steel. The price of 316 stainless steel is Rs. 195 per kilo in India, which means it would be available at around 2.20 Pounds per kilo. But this in no way means that the cost of 304 stainless steel or 316 stainless steel, would be the same in other parts of the world like Europe, Japan, China, Singapore, UK, USA, etc. For example, you could buy 304 stainless steel or 316 stainless steel in India, at around 35% less than you could buy them in the United States of America or you could buy them for 20% less in India than you could get them in Japan. But of course, the cost of these materials is always fluctuating.

How to tell the difference between 316 and 304 stainless steel?

304 stainless steel pipe has 8-12% nickel and 18-20% chromium. 316 stainless steel has 10% nickel and 16% chromium. But the big difference between the two is that 316 stainless steel has 2-3% molybdenum in it.


Comments

Sign In

About Author
Shravan Modi
Date Registered: Fri, Jan 11, 2019
Last Time Online: Fri, Jan 11, 2019
So far has created 1 entries.
fastwell
Fastwell Fittings Industries is a foremost Manufacturer & Supplier of Stainless Steel, Carbon Steel, Copper, Brass, Aluminium in the shape of Tubes, Rods, Sheets, Plates, Wires and the entire range of Pipe Fittings.
Home Page

Related Articles

The Compressor Discharge Temperature (CDT) probe (not to be confused with Conductivity, Temperature, Depth probe used in ships and also called CDT probe), is installed in the engine compartment just after the inter-cooler. The probe is installed with a #40 stainless steel clamp. A large clamp is supplied to fit around the air-port leaving the inter-cooler.A typical CDT probe kit from J.P Instruments includes the thermocouple type ‘K’ CDT Probe, a stainless steel clamp thimble, one st...

Mar 15, 18, 11 Months Ago Via jpinstrumentsart In Communications

If you are living in AU getting a loan after a bad streak with your credit can prove very difficult if not downright impossible at times. The hard reality is that most financial institutions will demand you upgrade your credit score before lending you a hand to help you out of your compromised situation. This of course, puts you in a tight spot. Since trying to comply with the bank requirements will strike badly in your livelihood. Dealing with bad credit Bad credit however is very wide te...

Mar 9, 18, 11 Months Ago Via merchandise In Business

A little about ColormarkThe Colormark concept now comes in steel! An outstanding success, Luminox Colormark enjoys polymer built too, all featuring the same night-illumination formula. The blue and yellow glow on the hands and the markers is a unique, self-powered illumination system. The world’s toughest maritime commandos helped Colormark to continuously hone and refine itself; to be tough more than enough and useful as the finest of warriors find their first-line gear. The Luminox Sea N...

Mar 9, 18, 11 Months Ago Via citywatches In Fashion

My Canadian Pharmacy are currently shifting and shifting past schedule responsibilities similar to sitting down guiding the counter tops, gathering medicine and relying on them. Actually, the online business is presently looking at a paradigm change and pharmacists have reached the middle belonging to the new progression in this country. Canada is presently dressing a clean technology of pharmacists that will be even counseling sufferers and presenting them with options concerning the particular...

Mar 9, 18, 11 Months Ago Via Whibther In Health and Fitness

Fasteners used in aerospace require taps which should produce threads at much higher speeds. They can be either Titanium or the stainless steel made A286. But they should be able to resist wear and tear and build up, which can be quite common in such applications.A286 FastenersJarhook which has now been revamped and highly improved is now the best available option in taps for A286 Taps stainless steel fastener. The tool life and tapping speed has came out the best against all competition ...

Mar 10, 18, 11 Months Ago Via jarviscuttingtool In Business

  With rising age comes the need for increased care. While the loved ones of the elderly are always worried and anxious about them, the desire to live independently and privacy also need to be respected. Dedicated hired caregivers are not necessarily in everyone’s budget, and institutionalising is not seen as a pleasant option. However, if the health of the elderly person is not too bad, living independently is an option. The use of certain technologies can help that help is always...

Mar 10, 18, 11 Months Ago Via Devon_Suresafe In Health and Fitness

PTE and IELTS test scores facilitates one to study or work abroad. These tests are conducted to assess the proficiency of the candidate whether they are adaptable to the studying or working in an environment English is used for all purposes. These scores are recognised by many reputed universities all across the world and also by many countries like Australia, UK, New Zealand and Canada for migration purpose. So to qualify and get a good score in PTE or IELTS it is important for one to take some...

Mar 12, 18, 11 Months Ago Via jacobwincel In Business

Forming machines are used to fabricate long metal strips with distinct configurations and mostly coiled steel is used. Mostly perfect cross section is required for the piece and this piece has been designed according to machine so that metal can be bend as required. Apart from roll forming this forming machine find various other applications in the industry like metal working sort of duties in which cutting of metal has done and punching of roll. This forming machine works in continuous mode of ...

Mar 12, 18, 11 Months Ago Via agnesnilsson In Business

Tag Cloud