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430 bundles and solids scrap metal prices

December 10, 2018

Stainless steel 430 bundles and solids grade is classified under the ferritic family of stainless steels. Ferritic stainless steels are magnetic and not hardenable by heat treatment. An extremely valuable and commonly used type of stainless steel, ferritic stainless steels are thinner and weigh less than many other types of ferrous steels while still maintaining greater strength than that of carbon steels. The chemical composition of 430 bundles and solids is nominally 17 % chromium with balanced iron and no nickel content. It has good ductility, and it is slightly hardenable by cold working. 

The Institute of Scrap Recycling Industries specifies 430 bundles and solids as straight-chromium alloys not hardenable by heat treatment and only slightly hardenable by cold working.  Straight-chromium  alloys not hardenable by heat treatment and only slightly hardenable by cold working. Magnetic, with good ductility and good resistance to corrosion and oxidation. Contains nominally 17 percent chromium.
 
With strong resistance to corrosion, heat, and oxidation, the end use of 430 bundles and solids is often seen in environments where material deterioration and rusting are concerns. It has a wide use in the manufacturing of kitchen and home appliances, commercial food equipment, automobile moldings and exhaust systems, furnaces, and petrochemicals.

Additional markets covered by Scrap Price Bulletin also produce 430 bundles and solids pricing including Chicago, Cleveland, Detroit, and New York

 

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430 bundles and solids
Prices as of October 9, 2017
Stainless (brokers' buying prices) Low High
Chicago - 430 bundles and solids 185.00 200.00
Stainless (processor/brokers' buying prices)
Detroit - 430 bundles and solids 265.00 285.00
Stainless (dealers' buying prices)
Cleveland - 430 bundles and solids 225.00 250.00
Stainless
New York - 430 bundles and solids 220.00 245.00