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Corrosion: Costs, Causes and Cures

Published: 19780201 by NACE International
Author(s): Ian Munro

Corrosion is best defined as “the process by which a material, usually a metal, combines with certain elements within its environment to produce a product that does not retain the useful properties of the original material”. Unfortunately, this seemingly innocuous textbook definition does not convey the economic losses that result from corrosion damage. The minimum financial losses due to this “process” are well in excess of the combined annual costs of fires, floods, hurricanes, tornadoes, and earthquakes in North America.