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About Stainless Steel. Stainless steel, also known as corrosion resistant steel, inox steel or Inox (from the French word “inoxydable”), is defined as a steel alloy with a minimum of 11% chromium content.
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Automotive parts manufacturers using aluminium, steel, copper, nickel, stainless steel and other metals in manufacturing processes generate a variety of ferrous and non-ferrous scrap. The Argus Metal Prices service's market data is used to index scrap shipments to recyclers for processing.
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