316/316L is non-magnetic in the annealed condition and not hardenable by heat treatment. 316/316L is more resistant to atmospheric and general corrosive conditions than any of the other standard stainless steels. The addition of molybdenum provides an extra measure of corrosion resistance making this grade suitable for applications involving severe corrosive conditions such as use in the chemical industries and marine atmospheres. This grade of stainless may become slightly magnetic when cold worked. 316/316L is available in rounds, squares, rectangles, sheet and plate.