Hardening

(redirected from Precipitation hardening)
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Hardening

1. The process by which a sudden change to the price of a commodity or futures contract slow and gradually corrects itself, bringing the price into alignment with fundamentals. See also: Reversion to the Mean.

2. A slow but steady rise in price for a futures market or contract.
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Nasdaq:USAP) announced today that it will initiate a price hike of 5% on all stainless steel billet and bar products in the 300 and 400 series and precipitation hardening alloys effective with orders placed October 15, 1999.
The Allegheny Rodney Division of Allegheny Ludlum Corporation, an Allegheny Technologies company, processes and distributes stainless steel and specialty metal strip products, including austenitic, ferritic, martensitic, precipitation hardening, high-temperature, and nickel alloys as well as titanium and carbon alloys.
110-inch Steckel mill for the rolling of stainless steel slabs and stainless precipitation hardening grades, maraging grades, and nickel and nickel-based alloys.

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