What are Costs of Stainless Steels – Price

Costs of Stainless Steels – Price. Carbon steel is about $500/ton, while stainless steel costs about $2000/ton. The more alloying elements the steel contains, the more expensive it is.

In metallurgy, stainless steel is a steel alloy with at least 10.5% chromium with or without other alloying elements and a maximum of 1.2% carbon by mass. Stainless steels, also known as inox steels or inox from French inoxydable (inoxidizable), are steel alloys, which are very well known for their corrosion resistance, which increases with increasing chromium content. Corrosion resistance may also be enhanced by nickel and molybdenum additions. The resistance of these metallic alloys to the chemical effects of corrosive agents is based on passivation. For passivation to occur and remain stable, the Fe-Cr alloy must have a minimum chromium content of about 10.5% by weight, above which passivity can occur and below which it is impossible. Chromium can be used as a hardening element and is frequently used with a toughening element such as nickel to produce superior mechanical properties.

Uses of Stainless Steels – Applications

Strength and corrosion resistance of stainless steel often make it the material of choice in transportation and processing equipment, engine parts, and firearms. Most of the structural applications occur in the chemical and power engineering industries, which account for more than third of the market for stainless steel products. The wide variety of applications includes nuclear reactor vessels, heat exchangers. The body of the reactor vessel is constructed of a high-quality low-alloy carbon steel, but all surfaces that come into contact with reactor coolant (highly corrosive due to the presence of boric acid) are clad with a minimum of about 3 to 10 mm of austenitic stainless steel in order to minimize corrosion.

Stainless steel can be rolled into sheets, plates, bars, wire, and tubing. Stainless steels do not need to be painted or coated, which makes them suitable for use in applications where cleanliness is required: in cookware, cutlery and surgical instruments.

Costs of Stainless Steels – Price

It is difficult to know the exact cost of the different materials because it strongly depends on many variables such as:

the type of product you would like to buy
the amount of the product
the exact type of material

Raw materials prices change daily. They are primarily driven by supply, demand and energy prices.

Typical applications for low-carbon steel include automobile body components, structural shapes (e.g., I-beams, channel and angle iron), and sheets that are used in pipelines, buildings.

However, as a rule of thumb, stainless steels cost four to fives times much as carbon steel in material costs. Carbon steel is about $500/ton, while stainless steel costs about $2000/ton. The more alloying elements the steel contains, the more expensive it is. Based on that rule, it is logical to assume that the 316L austenitic stainless steel and the 13% Cr martensitic stainless steel will cost less than the 22% Cr and the 25% Cr duplex stainless steels. The nickel-based steels would probably cost at least around the price of the duplex stainless steels. There are obviously numerous kinds of steels from low to high carbon and a wide range of evaluations of stainless steels that change immensely in expense. For example, Inconel 600 (registered trademark of Special Metals), which is one of a family of austenitic nickel-chromium-based superalloys costs about $40000/ton.

References:

Materials Science:

U.S. Department of Energy, Material Science. DOE Fundamentals Handbook, Volume 1 and 2. January 1993.
U.S. Department of Energy, Material Science. DOE Fundamentals Handbook, Volume 2 and 2. January 1993.
William D. Callister, David G. Rethwisch. Materials Science and Engineering: An Introduction 9th Edition, Wiley; 9 edition (December 4, 2013), ISBN-13: 978-1118324578.
Eberhart, Mark (2003). Why Things Break: Understanding the World by the Way It Comes Apart. Harmony. ISBN 978-1-4000-4760-4.
Gaskell, David R. (1995). Introduction to the Thermodynamics of Materials (4th ed.). Taylor and Francis Publishing. ISBN 978-1-56032-992-3.
González-Viñas, W. & Mancini, H.L. (2004). An Introduction to Materials Science. Princeton University Press. ISBN 978-0-691-07097-1.
Ashby, Michael; Hugh Shercliff; David Cebon (2007). Materials: engineering, science, processing and design (1st ed.). Butterworth-Heinemann. ISBN 978-0-7506-8391-3.
J. R. Lamarsh, A. J. Baratta, Introduction to Nuclear Engineering, 3d ed., Prentice-Hall, 2001, ISBN: 0-201-82498-1.

See above:
Stainless Steel

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