I learned two things from a quick recent conversation with Alexander Wilson of Mittal Steel and bridge steel maven:
New high-performance steels designed for bridge applications are now being qualified for other applications—pressure vessels used in nuclear power plants and platforms used in offshore oil drilling. The new steel provides up to 18% cost savings and 28% weight savings.
Some stability is expected in pricing this year. Costs for materials used in the two primary production streams (electric furnace and integrated mill) are stable. Look for modest increases and stable availability.
An in-depth survey of 700 current and future users of 3D printing holds few surprises, but results emphasize some major trends already in progress. Two standouts are the big growth in end-use parts and metal additive manufacturing (AM) most respondents expect.
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