304 stainless steel is the most common stainless steel. The steel contains both chromium (between 1520%) and nickel (between 210.5%)metals as the main non-iron constituents. It is an austenitic stainless steel. It is less electrically and thermally conductive than carbon steel and is essentially non-magnetic. It has a higher corrosion resistance than regular steel and is widely used because of the ease in which it is formed into various shapes.
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