Corrosion resistance: 316 stainless steel is highly resistant to general corrosion, spot and crevice corrosion.
The addition of molybdenum to 316 stainless steel enhances its resistance to localized corrosion, especially in chloride-containing environments.
This makes 316 stainless steel a popular choice for applications in the marine, chemical and food processing industries.

Mechanical Properties: 316 stainless steel has good mechanical strength, with a typical tensile strength range of 500-700 MPa and a yield strength range of 170-450 MPa.
It exhibits excellent ductility, with crack elongation typically around 30-50%.
The material’s strength and ductility make it suitable for structural applications and the manufacture of complex components.

Thermal Performance: Compared to carbon steel, 316 stainless steel has a relatively low thermal conductivity, which may be beneficial in applications requiring thermal insulation.
The thermal expansion coefficient of the material is slightly higher than that of carbon steel, and this coefficient should be considered during the design and manufacturing process.

Solderability: 316 stainless steel is generally considered to have good weldability, but welding parameters require careful control to maintain the material’s corrosion resistance and mechanical properties in the heated areas.
Proper preheating, post-weld heat treatment, and the use of appropriate filler materials are essential to successfully welding 316 steel.

Low and high temperature performance: 316 stainless steel maintains its mechanical properties and corrosion resistance at cryogenic temperatures, making it suitable for applications in the liquefied gas and aerospace industries.
At high temperatures, 316 stainless steel exhibits good oxidation resistance, making it suitable for use in furnaces, heat exchangers and other high temperature applications.

Magnetic Properties: 316 stainless steel is a non-magnetic material, which is an advantage in applications where magnetic properties are undesirable, such as in medical equipment and electronic equipment.
The combination of excellent corrosion resistance, good mechanical properties, and versatile thermal and physical properties make 316 stainless steel a popular choice for a wide range of industrial, commercial, and construction applications. The performance advantages must be weighed against the higher cost compared to carbon steel.