304L stainless steel 1 Alloy mixing 1 Alloys 1 Cost benefit analysis 1 Costs 1 Electrical wires 1 Entropy 1 Equiatomic composition High entropy alloys 1 High-entropy alloys 1 Impurities contents 1 Low cost methods 1 Melting 1 Mixing 1 Nichrome 1 Recycling 1 Scanning electron microscopy 1 Scrap 1 Scraps 1 Sustainability 1 Sustainable development 1 Uncertainty analysis 1 Vacuum applications 1 Vacuum arc melting 1 Yield stress 1