The hot-rolled plates of AISI 304 stainless steel, containing edge cracks of different intensities, were examined. The austenitic matrix of the steel contained small amounts of delta ferrite inhomogeneously distributed across the width and the thickness of the plate. A correlation was found between ferrite content and edge cracking: the higher the ferrite content the longer the edge cracks. Among the chemical elements present in the steel, the most critical effect on delta ferrite content was exerted by carbon and nitrogen. The longest edge cracks were observed for plates with the lowest content of carbon and nitrogen. A possible contribution of steel chemistry and heating temperature to changes in the steel phase composition and the probability of edge cracking is discussed.