Stainless steel grade pricing
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Very good. 316 has two percent molybdenum. It just about doubles the price of the stainless steel. Molybdenum is going for $50 or $100 a pound right now, and two percent in a ton of material is forty pounds, and forty pounds times a hundred is four thousand dollars. So you can double the price of your stainless steel by having two percent molybdenum as opposed to 304. It's exactly the same composition except for that two percent molybdenum.