Carbon Steel Stocks List
Symbol | Grade | Name | % Change | |
---|---|---|---|---|
CMCO | C | Columbus McKinnon Corporation | 1.21 | |
SID | D | Companhia Siderurgica Nacional S.A. | 2.54 | |
MRC | D | MRC Global Inc. | 0.70 | |
RS | D | Reliance Steel & Aluminum Co. | -0.32 | |
RYI | F | Ryerson Holding Corporation | -1.93 | |
ZKIN | C | ZK International Group Co., Ltd | -2.07 |
Related Industries: Farm & Construction Equipment Metal Fabrication Oil & Gas Equipment & Services Steel
Symbol | Grade | Name | Weight | |
---|---|---|---|---|
SLX | C | Market Vectors Steel Index ETF Fund | 9.21 | |
XME | A | SPDR S&P Metals & Mining ETF | 4.86 | |
PYZ | B | PowerShares Dynamic Basic Materials | 4.3 | |
KONG | C | Formidable Fortress ETF | 3.14 | |
FXZ | C | First Trust Materials AlphaDEX Fund | 3.05 |
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- Carbon Steel
Carbon steel is a steel with carbon content up to 2.1% by weight. The definition of carbon steel from the American Iron and Steel Institute (AISI) states:
Steel is considered to be carbon steel when:
no minimum content is specified or required for chromium, cobalt, molybdenum, nickel, niobium, titanium, tungsten, vanadium or zirconium, or any other element to be added to obtain a desired alloying effect;
the specified minimum for copper does not exceed 0.40 percent;
or the maximum content specified for any of the following elements does not exceed the percentages noted: manganese 1.65, silicon 0.60, copper 0.60.The term "carbon steel" may also be used in reference to steel which is not stainless steel; in this use carbon steel may include alloy steels.
As the carbon percentage content rises, steel has the ability to become harder and stronger through heat treating; however, it becomes less ductile. Regardless of the heat treatment, a higher carbon content reduces weldability. In carbon steels, the higher carbon content lowers the melting point.
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