Cheap, Quality, Ultra/Super Strong/Hard/Tough Material in Society: What would happen?

[SpyderEdgeForever]

Please speculate with me on this, I want your estimations and viewpoints:

Imagine that some scientists or some company or companies developed some new super material that had all of the properties we desire:

Strength, Hardness, Great Edge Holding and Wear Resistance, Toughness, Elasticity and flexibility, lightweight, rust/corrosion-proof.

And imagine that it could be colored and textured in any pattern desired, and, it had zero negative enviromental effects.

And imagine that this material could be cheaply produces, say in the tens of cents per pound range or less. And it could be worked at room temperature and then somehow set so that it was nearly 100 percent indestructable, even to direct nuclear blasts, but, it could be recycled in some easy and cheap step, if needed.

Now, how would the mass-production and introduction of this hypothetical super material effect human civilization, society, and life.

Let's say it was millions of times stronger and harder and tougher than steel, or greater than that even.

And say it could be made to simulate wood, steel, plastic, stone, and any solid material.

Would we see more positive or negative uses or what?

And say that it could also be made to conduct electricity, as well, or, be altered to be non conductive.

[Bloke]

it could also be made to conduct electricity, as well ...

[cbrstar]

...They already have it. It's called plastic.

[ChrisinHove]

I don’t think it’s in any way possible to predict the consequences of massively revolutionary technologies, materials, etc, as our current thinking is inevitably hide-bound by our current environments. We can possibly perceive the effects of incremental and evolutionary changes, perhaps, but beyond that even our guess-work is limited.

[standy99]

...They already have it. It's called plastic.

No environmental impact that rules plastic out.