June 21, 2022
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.
Fastmarkets SPB publishes more than 50 steel and iron scrap price grades and reports on 18 major North American ferrous scrap markets. Click here to visit the about our prices page or to find additional steel scrap terms, visit the glossary page.
Fastmarkets SPB is a weekly subscription service for steel and iron scrap prices.
Subscribers benefit from regional scrap prices for Birmingham, Boston, Buffalo, Chicago, Cincinnati, Cleveland, Detroit, Hamilton, ON, Houston, Los Angeles, New York, Philadelphia, Pittsburgh, San Francisco, Seattle-Portland, South Carolina, St. Louis, and Youngstown assessed every week. Subscribe to Fastmarkets SPB today to get access to our regional scrap prices.