Fasteners Stainless Steel 316
Type 316 stainless steel is generally 18% chrome.14% nickel, 2-3 % molybdenum and other metals. The addition of molybdenum significantly improves corrosion resistance. Type 316 stainless has better tensile strength properties than most other austenitic grades at elevated temperatures.
The Higher nickel content. and adding molybdenum, adds to the higher cost over 18-8.