These wide coils are further processed using a range of manufacturing techniques such as slitting, where the wide coil is slit into a multitude of strands; this is where much of the confusion around the terminology comes in. After slitting, the stainless steel forms a batch of coils taken from the mother coil and these are referred to by many different names, including strip coils, slit coils, banding or simply strips. http://www.avicmr-steel.com/stainless-steel-strip/