VANADIUM.
Vanadium steels are still in their infancy. Therefore, the true value of this element in rapid steels must probably be held as not yet fully determined. With the single exception of carbon, no element has such a powerful effect upon steel as vanadium, for it is only necessary to use from 0.10 to 0.15% in order to obtain very noticeable results. In addition to acting as a very great strengthener of steel, especially against dynamic strains, vanadium also serves as a scavenger in getting rid of oxygen and possibly nitrogen. It is also said to decrease segregation, which we may readily believe, as most of the elements which quiet the steel have this effect.
"Vanadium Steels" demand a somewhat higher price than do those steels which do not contain this element in appreciable amounts. It is, of course, especially useful for all purposes where strength and lightness are desired, such as springs, axles, frames and other parts of railroad rolling stock, and automobiles.