A new 12%Cr steel, VM12, has been developed with the combined strength and oxidation resistance characteristics desired for high-temperature applications. The steel increases chromium content by around 0.2% to improve oxidation properties while alloying with other elements such as cobalt, tungsten, and boron to meet a range of requirements, including extending fatigue life. The steel is designed to have the same creep strength as T/P92 but with better oxidation resistance due to the higher chromium content. It has about a 0.2% increase in mechanical properties compared to T/P92 steel. Results are presented for tubes and pipes cast with a variety of surface conditions. In addition, detailed results are provided on the effects of alloying elements on creep and oxidation resistance.

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