SAE 304 stainless steel SAE 304 stainless steel SAE 304 stainless steel is the most common stainless steel. The steel contains both chromium (between 18–20%) and nickel (between 8–10.5%) 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. The composition was developed by W. H. Hatfield at Firth-Vickers in 1924 and was marketed under the trade name “Staybrite 18/8”. It is specified
Sharon Steel Corporation the Sharon Steel Hoop Corporation in 1933. Aided by improvement in business conditions, the Sharon Steel continued to expand its sales volume and to make further improvements in production facilities during the thirties. Equipment for the production of terne and tin coating was added, a new product under the trade name of “Galvanite” was produced, and other specialties were added to the company's line of products. New electric furnaces were installed at the Lowellville Works to make stainless steel ingots to be converted into stainless steel strip on the Sharon finishing mills. A great change came about in the company