Stainless Steel Grade 316/1.4401 is an austenitic chromium-nickel stainless steel containing molybdenum. This addition increases its corrosion resistance, especially against chlorides and other industrial solvents. It is known for its excellent formability, weldability, and high creep, stress-to-rupture, and tensile strength at elevated temperatures. Due to its enhanced properties, 316 stainless steel is widely used in various industries, particularly in harsh environments.