Description

The price of stainless steel, like all steel, is driven by commodity prices for scrap and new metal supply. Sadly, because most corrosion resistant alloys of stainless steel contain significant quantities of base metals which are expensive to extract and fluctuate in price in the world
markets (driven as much by speculation as demand), it is very much more expensive than simpler carbon steels. A 30% increase in carbon steel may be an inconvenience but a 30% increase in the price of stainless can seem terrifying – particularly if it is looked at in isolation and not as part of a whole project cost.