Baubles, bangles and watchbands of 316L stainless?

Aug 21, 2008 | 12:21 PM |

Fashion-conscious individuals looking to sport the latest and greatest on the jewelry scene might be in for a surprise. The jewelry industry, a mainstay for precious metals, is seeing a push toward substitution amid soaring prices for gold and platinum.

Precision Specialty Metals Inc., Los Angeles, which processes stainless steel and other non-precious metals for a variety of industries, is looking into selling its products into the jewelry and watchmaking markets. "They make things that seem to be what the jewelry world is looking for," said Cathy M. Lyttle, vice president of corporate communications at parent company Worthington Industries Inc., Columbus, Ohio.

Precision Specialty Metals produces the Type 316L stainless that is frequently used to make watchbands and a variety of other jewelry items. The company is looking to boost its volume of business in the market in anticipation that some jewelry makers might begin working more with stainless, titanium and other less-expensive materials as precious metal costs continue to increase, Lyttle said.....

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