Alloy Steel is the first company to develop and manufacture the thicker alloy, Alloy Steel is now in an unrivalled position and set to continue on a growth path in coming years. It is official that through the introduction of the new thicker Super Alloy Arcoplate onto the market this year has cemented Alloy Steel's standing as a world leader in bi-metallic overlay technology.
According to Mr Kostecki, the company's founder and CEO, this year's result is "truly a remarkable achievement given the difficult times which were experienced by clients and ourselves in the downturned economy. The company is now well placed to face 2010 in a very positive manner to achieve increased sales, and continued growth and market share across the entire mining and mineral processing spectrum."
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Alloy Steel International, Inc. (ASII) manufactures and distributes Arcoplate, a wear-resistant alloy overlay wear plate produced through a patented process. The Company manufactures and distributes Arcoplate with its wholly owned subsidiaries, Alloy Steel Australia (Int.) Pty Limited (ASAI), Alloy Steel North America LLC (ASNA) and majority owned subsidiary, Alloy Steel Mongolia LLC (ASM). The process, by which the Company manufactures Arcoplate enables ASII to apply an alloy overlay to a sheet of steel, creating a metallurgical bond between the alloy and the steel backing plate that is resistant to wear caused by impact and/or abrasion. Arcoplate is manufactured in a range of grades and thicknesses designed for specific applications. The Company also provides technical consultation services to customers and their design engineers.
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