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Stainless Steel 304 Calculator

Estimate the value of stainless steel 304 based on london metals exchange (lme) stainless/nickel index + global demand.

Stainless Steel 304

Standard Austenitic • Market Pricing

Estimated Scrap Price
£1,926
Per Metric Tonne • 90% Quality
Nickel Value
£926
Chrome Value
£414
Base Iron
£800

Market Parameters

£11,580
£2,300
£800

Composition & Quality

8.0%
18.0%
+£0
+0%

About this Calculator

Market Basis

London Metals Exchange (LME) stainless/nickel index + Global demand

Typical Value

Varies by market conditions

Pricing Formula

Base alloy price + Premium for 304 purity

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