stainless steel stock

304 SS Plate Cost Guide

 

304 SS Plate Cost Guide: Gangsteel Stainless Solution in China

Introduction to 304 SS Plate Cost Guide

The cost of 304 stainless steel (SS) plates, a popular austenitic grade known for its corrosion resistance and versatility, varies based on market dynamics, regional production, and specifications like thickness and finish. As of October 2025, global prices for 304 SS plates reflect fluctuations in raw material costs, particularly nickel, and supply chain factors. Gangsteel, a leading manufacturer and exporter in China, offers competitive pricing for SA240 Gr 304 plates compliant with ASME SA240 stainless steel plates. This guide provides an overview of current prices, influencing factors, and tips for cost optimization.

 

Current Average Prices by Region

304 SS plate prices are quoted per metric ton (MT) or kilogram (kg) and differ by region due to local manufacturing, import duties, and demand. Based on October 2025 data, approximate prices for hot-rolled (HR) 304 SS plates (2-6 mm thickness) are:

Region

Price Range (USD/MT)

Key Notes

China

$1,820 - $2,000

Lowest due to high-volume production; cold-rolled sheets at ¥12,650/MT (~$1,780/MT).

India

$2,470

Competitive exports; influenced by domestic mills.

USA

$3,300 - $3,584

Higher tariffs and energy costs; HR plate at $3,389/MT in Q1 2025, trending stable.

Europe

$2,755 - $3,000

Energy price impacts; median $1,885/MT for cold-rolled in October.

Prices for scrap 304 SS plates hover around $0.30/lb (~$661/MT), useful for recycling assessments. Gangsteel's pricing starts at $1,820/MT for bulk orders, undercutting global averages.

 

Factors Affecting 304 SS Plate Costs

Several variables drive 304 SS plate pricing:

  • Raw Material Fluctuations: Nickel prices, a key alloying element, rose in September 2025 due to Indonesian export restrictions, adding NT$1,000/MT (~$31/MT) to costs. Chromium and energy inputs also contribute.
  • Thickness and Finish: Thinner plates (e.g., 2 mm) cost more per MT due to processing; finishes like 2B or mirror add 10-20%.
  • Volume and Specifications: Bulk orders reduce costs by 5-15%; custom sizes or certifications (e.g., ASME) increase premiums.
  • Market Trends: Structural steel dipped to $2,477/MT in October 2025, but stainless grades stabilized post-Q1 declines. Global demand from construction and automotive supports steady pricing.

Gangsteel mitigates these through in-house production and long-term nickel contracts.

 

Price Comparison with Other Grades

304 SS plates are a benchmark for cost-effectiveness. Comparisons (October 2025, USD/MT for similar specs):

  • 304 vs 316: 304 at $1,820-$3,584/MT vs 316 at $2,500-$4,000/MT (20-30% higher due to molybdenum for better corrosion resistance).
  • 304 vs 304L: Nearly identical ($1,820-$3,584/MT), with 304L slightly premium (5%) for low-carbon weldability.
  • 304 vs 201: 304 is $1,820-$3,584/MT vs 201 at $1,200-$1,800/MT (20-30% cheaper but lower corrosion resistance).
  • 304 vs 430: 304 exceeds 430 at $1,000-$1,500/MT by 50-100%, offering superior formability and non-magnetic properties.

Gangsteel’s SA240 Gr 316L and SA240 Gr 201 provide graded options.

 

Why Choose Gangsteel for 304 SS Plate Costs?

Gangsteel delivers value in 304 SS plates with:

  • Competitive Pricing: $1,820/MT starting rate, 20-40% below US/EU averages, with volume discounts.
  • Quality Assurance: Full compliance with ASTM A240 and ASME SA240, including mill test certificates.
  • Customization: Thicknesses 0.3-100 mm, finishes (2B, No.4, mirror), and cuts to spec.
  • Global Logistics: FOB/CIF shipping to 80+ countries, 2-4 week delivery.

Explore Gangsteel’s SA240 Gr 321 for stabilized variants.

 

Conclusion

304 SS plate costs range from $1,820-$3,584/MT globally in October 2025, driven by nickel volatility and regional factors. For cost-effective, high-quality sourcing, Gangsteel’s offerings, including SA240 Gr 904L, provide unmatched value. Contact Gangsteel for UNS stainless steel plates and personalized quotes.

 

Other Products