August 13, 2018
Stainless steel 18-8 bundles and solids consists of clean 18-8 type stainless steel clips and solids containing a minimum 7% nickel, 16% chrome, and a maximum of .50% molybdenum, .50% copper, .045% phosphorous, and .03% sulfur, and otherwise free of harmful contaminants as specified by the Institute of Scrap Recycling Industries. With the 18-8 mixture of bundles and solids, steel mills typically prefer to have a greater percentage of solids entering into the EAF, but particulars concerning physical description, grading, additional analysis, and preparation need to be agreed upon between buyer and seller.
When comparing 18-8 bundles and solids to 18-8 turnings, 18-8 bundles and solids return a greater value to the steel mill due to the increased moisture that the 18-8 bundles and solids provide.
Scrap Price Bulletin produces 18-8 bundles and solids pricing in several markets across North America including Chicago, Cleveland, Detroit, Pittsburgh, and New York.
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