Newly developed steel offers high yield, tensile strengths

Ovako has introduced Hybrid Steel®, which offers the properties of tool steel, maraging steel, and stainless steel, as well as the production economy of engineering steel. It takes its name from the simultaneous hardening by both carbides and intermetallic precipitations.

According to the company, the steel has three times the yield and tensile strengths of conventional steel at temperatures up to 500 degrees C. These properties make the material suitable for use in highly stressed applications such as engine components, bearings, and tools.

Because the steel develops its full properties through heat treatment at temperatures that cause a very low distortion, a manufacturer can machine a component to its final dimensions with the material in a softer condition and then heat treat it to achieve its full strength.