There is 304 Stainless Steel Plate is a standard 18-8 material meaning it contains 18% chromium and 8% nickel. 304 steel plate is one of the most versatile stainless steel materials available. It has excellent forming and welding characteristics. It is the most widely used of the stainless and heat resisting steels. 304 stainless plate offers good corrosion resistance to many chemical corrodents. It is the most popular and economical of the stainless steels. The 304 Stainless Steel Plate is made for industrial uses.