The Life Cycle Costing of Stainless Steel

Here’s a fabulous little article showing you how stainless steel is a cheaper material to use in the long term than mild steel when a whole picture is taken.

Or, in other words:

Life Cycle Cost (LCC) analysis is a means of quantifying the choice of materials for a product or construction, with the aim of selection of the most economic alternative.

There’s a splendid LCC equation and a splendid little case study with enough facts and figures to inwardly digest and befuddle your boss with it over a brew or confound your average customer with.

LCC=Acquisition Cost + Fabrication and Installation Cost + Maintenance Costs (periodic) + Replacement Costs (periodic) + Cost of Lost Production (periodic) – Residual (Scrap) Value

Life Cycle Cost Stainless Steel Chart

Just try not to become too pathologically supercillious when waffling about this to somebody just wanting a splashback.

Read the complete Life Cycle Costing of Stainless Steel article here.

Commentary

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  1. 1. July 31st, 2007

    Um, could you make this page easier to understand? I ‘m confused.

    A student
  2. 2. August 2nd, 2007

    i want to know the accurate chemical testing of 316 grade,particularaly how i can test the molybdenum in 316 grade.what chemical should i apply to guess/know whether moly is present in the material or not

    faisal
  3. 3. August 19th, 2007

    rate of the stainless steel flat of 8 to 12 mm thick

    vipin kumar
  4. 4. January 17th, 2008

    Why Stainless steel if poor in machinability? Also want to which property makes it poor in machining?

    Shekar
  5. 5. October 16th, 2008

    Does 304 Stainless Heading wire need to be stored in a heat controlled area? Does it age harden over time under normal conditions?

    Tim

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