Stainless steel coil is a common component of kitchen equipment, furnace parts, heat exchangers, and decorative applications. You can purchase coils from Ryerson in grades including 201, 316, 316L, and 430. Learn more about the different uses of stainless steel coil, including its applications, price, and availability. Check here, we provide some tips for buying stainless steel coil from Ryerson.
Cold-rolled stainless steel is in tight supply
Due to the limited availability of cold-rolled stainless steel coils, the supply chain is becoming increasingly constrained. This is true for stainless steel in general, as well as for aluminum and carbon steel. Due to multiple market factors, such as increased demand and rising costs of goods sold, lead times have been extended to nearly six months. While this may be a short period, it is indicative of the overall tightness of the stainless steel supply chain.
The shortage is not limited to Ryerson’s products, however. The company also sells sheet in many other grades and coatings. In addition to cold-rolled stainless steel coils, Ryerson also sells hot-rolled coils and expanded metal. They are available in several different grades for a range of applications, including construction framing, ductwork, machinery framing, and more.
Grades available
When you buy stainless steel coils from Ryerson, you’ll find a variety of grades, from premium quality to lower-cost products. Stainless steel is an excellent choice for many industrial applications, so you can buy a variety of grades to suit your needs. For example, if you’re planning to manufacture automobile parts or make electrical appliances, you’ll want to know what grades are available.
When you buy stainless steel coils from Ryerson, you’ll find a variety of thicknesses, including 18 and 16-gauge, for use in a range of applications. Stainless steel is commonly used in kitchen and bathroom equipment, heat exchangers, and furnace parts. Stainless steel coil is also used for decorative applications and is available in 201, 316, and 316L grades.
Processing options
Stainless steel coils can be processed in various ways to produce stainless steel products. The first method, known as temper pass, involves applying pressure to the metal to make it flat. This method is especially suitable for sheet metal products. Once the sheet metal is flat, it can be formed into different shapes with the use of rollers. A special process called laser forming is also available. It is recommended to consult the stock list before making a decision.
Other processing options for stainless steel coils from Ryerson include hot bending and cold forming. For large-scale processing, the company also offers pipe bending, slitting, and sheet shearing. For smaller-scale needs, the company also provides threading, crimping, and blanking. The company’s facilities are equipped to handle a range of metals, including stainless steel.
Cost
If you’re in need of stainless steel coils, Ryerson has a large variety to choose from. This metal is commonly used for kitchen equipment, furnace parts, heat exchangers, and more. Stainless steel coils from Ryerson are available in grades 304, 316, 316L, 201, and 430. Each of these grades has its own unique properties, and each type is designed to meet a specific application.
Despite the economic and commodity outlook, Ryerson’s results for the fourth quarter of 2021 have been disappointing. The company reported sequential shipment declines in most of its end-markets in North America, including Metal Fabrication and Machine Shop, Industrial Equipment, and Ground Transportation. Nevertheless, the company reported positive growth in the Heating, Ventilation, and Air Conditioning end-markets, thanks to an increase in construction. Despite the slowdown, Ryerson’s LIFO (liability, inventory, and financial) income was still in a positive position in the fourth quarter of 2021.