This is an abbreviation of ‘laydays and cancelling date’, and refers to the earliest and latest dates between which a vessel must be available to load at a specified port or be delivered to the time c [..]

See iron ore

This is shorthand for Oil Country Tubular Goods, a category of steel

See bright bar

Vacuum oxygen decarburisation

This is the practice when making steel

See precipitation hardening

This is when solid particles stick to one another, and while this is an undesirable feature in many powder and particle processing operations, it is essential for the successful sintering of iron ore

Firstly, what is an alloy? This is a material comprising two or more elements, at least one of them a metal. Alloys achieve better specific characteristics than their constituent parts, and steel

See surcharge