Medium-carbon steel has approximately 0.3–0.6% carbon content. These alloys may be heat-treated by austenitizing, quenching, and then tempering to improve their mechanical properties. They are most often utilized in the tempered condition, having microstructures of tempered martensite. Medium-carbon steel balances ductility and strength and has good wear resistance. This grade of steel is mostly used in the production of machine components, shafts, axles, gears, crankshafts, coupling and forgings, could also be used in rails and railway wheels and other machine parts and high-strength structural components calling for a combination of high strength, wear resistance, and toughness.
For example, a 1040 steel is a plain carbon steel containing 0.40 wt% C. Typical uses of this type of steel include machine, plow, and carriage bolts, tie wire, cylinder head studs, and machined parts, U-bolts, concrete reinforcing rods, forgings.
Price of Medium-carbon Steel
It is difficult to know the exact cost of the different materials because it strongly depends on many variables such as:
- the type of product you would like to buy
- the amount of the product
- the exact type of material
Raw materials prices change daily. They are primarily driven by supply, demand and energy prices.
However, as a rule of thumb, stainless steels cost four to fives times much as carbon steel in material costs. Carbon steel is about $500/ton, while stainless steel costs about $2000/ton. The more alloying elements the steel contains, the more expensive it is. Based on that rule, it is logical to assume that the 316L austenitic stainless steel and the 13% Cr martensitic stainless steel will cost less than the 22% Cr and the 25% Cr duplex stainless steels. The nickel-based steels would probably cost at least around the price of the duplex stainless steels. There are obviously numerous kinds of steels from low to high carbon and a wide range of evaluations of stainless steels that change immensely in expense. For example, Inconel 600 (registered trademark of Special Metals), which is one of a family of austenitic nickel-chromium-based superalloys costs about $40000/ton.
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