Posted February 04, 2018 08:20:21The best stainless steel available for home and business use can be made with cheap materials, said Paul Rivett, chief executive officer of the US company Stainless Steel Industry Association.
“A stainless steel will be less expensive to make and will last longer than steel used in other industries,” he said.
“There is a lot of demand in the industry for stainless steel, and we think it will continue to grow.”
Stainless steel is made of a mixture of carbon, iron and oxygen, with the mixture used for the heating, cooling and air conditioning of a home and office.
“The industry is trying to keep up with that demand by making stainless steel as cheap as possible,” Mr Riveott said.
The US market is a key market for stainless Steel Industry, which has about 1,500 members.
It’s cheaper to make than the steel used for cars and appliances, Mr Rivert said.
While the industry is not in the process of transitioning to using more expensive stainless steel for home use, he said he was confident the industry would be able to keep its lead over the next five to 10 years.
“We are a little ahead of the curve, but we’re definitely ahead of where we need to be,” Mr Karp said.