Finnish stainless steel producer Outokumpu has launched a new duplex stainless steel grade called Outokumpu LDX 2404®.
According to a company statement, the new grade offers a higher mechanical strength than major duplex grades on the market and enables thinner gauges to be employed in a variety of applications, yielding considerable material savings.
The excellent resistance to corrosion brings high durability and long service life to the product, Outokumpu said, adding that weight reduction and lighter designs translate to cost-efficient projects with less material, as well as savings in transport and maintenance costs as well as lower energy consumption.
The new grade is suitable for all uses such as in storage tanks, road and rail tankers, building and construction as well as in several industrial processes.
Increasing sales of special grades and products is in the core of Outokumpu's strategy. Outokumpu is the market leader in duplex grades with a global market share of some 50 percent.