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ETD 150 steel is a high-strength, low-alloy steel widely used in various industries due to its exceptional machinability and durability. It's produced using a patented process called Elevated Temperature Drawing (ETD), which results in a stress-free, high-strength material without requiring further heat treatment in many cases. ETD 150 is known for its good machinability, high tensile strength, and excellent surface finish, making it suitable for a variety of applications.