We will call this new steel Reardan Metal! But seriously excellent work!

For me, this is a timely article. I've just begun to read Stuff Matters: Exploring the Marvelous Materials That Shape Our Man-Made World (2014) by Mark Miodownik, a British materials scientist. Chapter 1 is about steel, including the improbable development of stainless steel.

Hmm, Joseph must be advocating a strike!

I was wondering how long it would take for a reference to 'Atlas Shrugged' to pop up.

Why not just use titanium?

ezeflyer, titanium is more expensive

This might be a good candidate for bicycle frames.

Flash Bainite seems better: a quick heat treatment working on standard alloys, for instance tripling the strength of 4130 chrome-moly tubing to 1800MPA / 260kpsi while keeping 10% elongation, allowing it to be fabricated after treatment without cracking. http://www.gizmag.com/stronger-steel-in-a-flash/18882/

How about licensing the name "Vibranium" from Marvel comics?

This seems like a potentially very useful product, in all fields.
If they can produce a 'stainless' version, even more so, the bane of steel is its susceptibility to corrosion. It would seem that the different metals and materials in this product would make it high susceptible to corrosion.
My next thought is, will this inhibit its reuse/recycle ability, what special processes it would need to be reused, and what would be the result if this material was inadvertently mixed with traditional steel?