Stainless steel duplex stainless steels are achieved with an overall lower alloy content than similar-performing super-austenitic grades, making their use cost-effective for many applications. Duplex grades are characterized into groups based on their alloy content and corrosion resistance. Precipitation hardening stainless steels have corrosion resistance comparable to austenitic varieties, but can be precipitation hardened to even higher strengths than the other martensitic grades. The most common, 17-4PH, uses about 17% chromium and 4% nickel. The designation "CRES" is used in various industries to refer to corrosion-resistant steel. Most mentions of CRES refer to stainless steel, although the correspondence is not absolute, because
Stainless steel in London in 1929. Brearley applied for a US patent during 1915 only to find that Haynes had already registered a patent. Brearley and Haynes pooled their funding and with a group of investors formed the American Stainless Steel Corporation, with headquarters in Pittsburgh, Pennsylvania. In the beginning, stainless steel was sold in the US under different brand names like "Allegheny metal" and "Nirosta steel". Even within the metallurgy industry the eventual name remained unsettled; in 1921 one trade journal was calling it "unstainable steel". In 1929, before the Great Depression hit, over 25,000 tons of stainless steel were manufactured