The basics
Grade 304 stainless steel is made up of 18-20% chromium and 8-10.5% nickel.
Grade 316 stainless steel contains 16% chromium, 10% nickel, and an added element of 2-3% molybdenum.
Both grades are versatile. Grade 304 is resistant to many chemical and acidic substances. It’s attractive and durable making it a popular choice for things like handrails and balustrades.
Where corrosion resistance is required, Grade 316 is preferable. The molybdenum gives Grade 316 superior corrosion resistance and it’s less likely to suffer pitting and crevice corrosion. What’s more, the molybdenum gives Grade 316 steel a higher level of polish and shine. But, of course, the superior performance has a cost implication. Grade 304 in the right environment is a strong, durable and more affordable option.