The chief alloying elements used in steel are nickel, chromium, molybdenum, cobalt, vanadium, manganese, silicon and tungsten. Each of these elements possesses certain qualities upon the steel to which it is added. These elements may be used separately or in combination to produce the desired characteristic in steel. Following are the effects of alloying elements on steel.

1. Nickel. Steels contain 2 to 5% nickel and from 0.1 to 0.5% carbon increase its strength and toughness. In this range, nickel contributes great tensile strength, yield strength, toughness and forming properties and hardness with high elastic limit, good ductility and good resistance to corrosion. An alloy containing 25% nickel possesses maximum toughness and offers the greatest resistance to rusting, corrosion and burning at high temperature. It has proved beneficial in the manufacture of boiler tubes, valves for use with superheated steam, valves for I.C. engines and sparking plugs for petrol engines. A nickel steel alloy containing 36% of nickel is known as invar. It has nearly zero coefficient of expansion. Therefore, it is in great demand for making measuring instruments for everyday use.

2. Chromium. It improves corrosion resistance (about 12 to 18% addition). It increases tensile strength, hardness, wear resistance and heat resistance. It provides stainless property in steel. It decreases malleability of steel. It is used in steels as an alloying element to combine hardness with high strength and high elastic limit. It also imparts corrosion resisting properties to steel. The most common chrome steels contain from 0.5 to 2% chromium and 0.1 to 1.5% carbon. The chrome steel is used for balls, rollers and races for bearings. A Nickel-Chrome steel containing 3.25% nickel, 1.5% chromium and 0.25% carbon is much used for armour plates. Chrome nickel steel is extensively used for motor car crank shafts, axles and gears requiring great strength and hardness.

3.Tungsten. It increases hardness, wear resistance, shocks resistance and magnetic reluctance. It increases ability to retain hardness and toughness at high temperature. It prohibits grain growth and increases wear resistance, shock resistance, toughness, and the depth of hardening of quenched steel. The principal uses of tungsten steels are for cutting tools, dies, valves, taps and permanent magnets.

4. Vanadium. It improves tensile strength, elastic limit, ductility, fatigue resistance, shock resistance and response to heat treatment. It also acts as a degasser when added to molten metal. It aids in obtaining a fine grain structure in tool steel. The addition of a very small amount of vanadium (less than 0.2%) produces a marked increase in tensile strength and elastic limit in low and medium carbon steels without a loss of ductility. The chrome- vanadium steel containing about 0.5 to 1.5% chromium, 0.15 to 0.3% vanadium and 0.13 to 1.1% carbon have extremely good tensile strength, elastic limit, endurance limit and ductility. These steels are frequently used for parts such as springs, shafts, gears, pins and many drop forged parts.

5. Molybdenum. A very small quantity (0.15 to 0.30%) of molybdenum is generally used with chromium and manganese (0.5 to 0.8%) to make molybdenum steel. It increases hardness, wear resistance, thermal resistance. When added with nickel, it improves corrosion resistance. It counteracts tendency towards temper brittleness. It makes steel tough at various hardness levels. It acts as a grain growth inhibitor when steels are heated to high temperatures. Molybdenum steels possesses hardness, wear resistance, thermal resistance and extra tensile strength. It is used for airplane fuselage and automobile parts. It can replace tungsten in high speed steels.