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Steel as with any other commodity is priced upon several factors: Grade of steel, demand factors (high construction, wartime demand etc), iron availability, quantity, labor cost, refining cost, transportation cost, and a host of smaller factors. Like every other commodity, the price of steel is the highest price that the current market will bear.

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Why is steel used to make cars?

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Why is mild steel used to make cars?

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It's reasonably priced and a good enough conductor of heat.


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Stainless steel trash cans are sold at many retail stores. Some such as Canadian Tire, Rona and Home Depot sell steel trash cans at a reasonable prices. Many are priced under $50.00.


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