price of ss 304,What is SS 304? SS 304 stands for Stainless Steel 304. It is a very common type of stainless steel. It contains about 18
What is SS 304?
SS 304 stands for Stainless Steel 304. It is a very common type of stainless steel. It contains about 18% chromium and 8% nickel, which gives it good corrosion resistance and other useful properties. It is widely used in various applications such as in the kitchen for making utensils, in construction for some structural components, and in the manufacturing of many industrial products.
How is the price of SS 304 determined?
The price of SS 304 is determined by several factors. One of the main factors is the cost of the raw materials, mainly chromium and nickel. If the prices of these metals in the global market go up, the price of SS 304 will also increase. Another factor is the manufacturing cost, which includes the cost of energy, labor, and equipment used in the production process. Additionally, market demand and supply also play a role. If there is a high demand for SS 304 in various industries and the supply is limited, the price will be higher. For example, during a period of rapid construction growth, the demand for SS 304 for building components may increase, pushing up the price.
| Category | Market Price | Use Cases |
| 4x8x1/4 steel plate | 1060$/Ton | Train cars, ships |
| 16 ga stainless steel | 1096$/Ton | pipelines, storage tanks |
| 3 16 inch steel plate | 1100$/Ton | Stair handrails, walls |
