Stainless Steel 316

Grade: 316 (16/10/2 Austenitic Molybdenum)Very High Tier

High-grade stainless with molybdenum (10-14% nickel, 2-3% moly)

Market Price EstimateUpdated Daily

$2,150/ MT

+180 (9.1%)vs yesterday

Verified specifications & market data

Value Tier

Very High

Typical Buyers

Stainless mills, specialty buyers

Grade

316 (16/10/2 Molybdenum Austenitic)

Chromium

16–18%

Nickel

10–14%

Molybdenum

2–3% (DEFINING ELEMENT)

Global Demand

High

Trend: increasing

Price Volatility

High

Trend: increasing

Supply Chain

Limited

Trend: stable

Environmental Impact

Positive

Trend: improving

Standard

ASTM A240/A240M (Stainless Steel)

Verified Compliance

Standard

EN 1.4401 (European Designation)

Verified Compliance

Standard

ISO 5347 (Stainless Specification)

Verified Compliance

Standard

ISO 9001 (Quality)

Verified Compliance