Millennium Post

Nation celebrates 100 years of stainless steel

The country on Wednesday  celebrated completion of 100 years of stainless steel, as part of the global celebrations of relatively new corrosion resistant  material and the product which was first created , patented and produced in the year 1912.  

From small beginnings a hundred years ago, stainless steel has grown to be an integral part of our lives. Utilised primarily for its corrosion resistance, stainless steel is also found in applications where strength, hygiene, human safety and aesthetics are important.

 In India the stainless steel community celebrated the landmark event on Wednesday by organising a day long conference on ‘100 years of Stainless Steel – Towards Building Corrosion Free India’ in the capital New Delhi, where more than 200 renowned stakeholders from the stainless steel community which included stainless steel producers, processors, government bodies , national and international certification and consultancy authorities and academic Institutions participated in the deliberations.

‘ONGC will increase its production by 1.6 per cent.Last year’s production was 26.92 million tonne [mt] of oil and 25.51 billion cubic metre [bcm] of gas. This is our own production indigenous plus our share in production sharing contracts. This year’s target is 27.54 mt of oil and 25.73 bcm of gas which is 1.6% more to what we produced last year,’ said Sudhir Vasudev, CMD, ONGC while inaugurating the 100 years of stainless steel in Delhi on Wednesday.

‘Stainless steel is the fastest growing segment of the metals industry, its applications are diverse and new applications are being constantly being developed. It has become major part in all of our lives, and has truly changed the world. In India demand for stainless steel is on constant increase due to awareness about the product and availability of right grades and sizes,’ said Vasudeva, while inaugurating the celebrations.

‘While stainless steel share in the steel big picture in India is the highest in the world but the per capita usage in India is abysmally low.,’ said Pronab Roy principal advisor, Planning C ommission speaking on the occasion.
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