The properties of steel as a structural and functional material have not yet been fully developed, and there are still a great many possibilities for further development. Some examples were given in Chapter 1, and the future potential development of steel materials is outlined below.

Reducing the impurity elements and nonmetallic inclusions to extremely low levels dramatically improves the ductility, toughness, fatigue strength, and corrosion resistance of steel. The properties of high-purity iron have not yet been fully clarified. Clarification is extremely important since it will provide insights into the mechanisms governing the various properties of steel, and will also provide improved properties or clues to the identification of a new property. Further progress is expected to improve strength, abrasion resistance, toughness, formability, and electromagnetic properties by precise control in micrometer to nanometer range of the grain size, texture, and microstructure. New alloy compositions or new precipitates may provide the possibility of improving these properties. In addition, the treatment and processing of the surface of steel will open the way for new applications with new functions, such as coloring and decorative properties, in addition to high corrosion resistance, hardness, lubricity, soiling resistance, and adhesiveness. Composites of steel and other materials will progress, resulting in new properties.

Steel serves as the principal material for assembly and processing industries. In recent years, however, it has become possible to simplify assembly and processing lines by improvements in the materials themselves. For instance, (i) precoated steel does not require painting after processing, (ii) lubricated steel requires neither oiling during processing nor degreasing after processing, and (iii) fire-resistant steel does not require heat insulation by postcoating. In the future, the development of steel materials will progress so as to accommodate an increasing demand for recycling in order to preserve resources and energy and thereby to protect the environment.

In addition to improved properties, it is important to reduce the variation in quality to the very minimum. Such high levels of material properties and strict consistency in quality can be realized by technological progress in the production process. On the other hand, technological progress is in turn prompted by the ever-increasing demand for quality and consistency.