Steel is an alloy of iron and carbon with less than 1.5% carbon, along with other elements like manganese, silicon, aluminum, and nickel. The percentage of carbon determines the type, with mild steel containing up to 0.25%, medium carbon steel 0.25-0.45%, and high carbon steel 0.45-1.5%. The compositions and hardness can vary greatly between different steel products. Steel is produced from raw materials like iron ore, limestone, and coal through processes like sintering, blast furnace production, basic oxygen furnace steelmaking, and continuous casting.