"Stainless Steel" is the general name for a large family of alloy steels that contain at least 10.5% chromium as part of their composition. At and above this level of chromium, a complex chrome-oxide surface layer forms that prevents further oxygen atoms from penetrating into the steel and thus protects the iron in the matrix from rusting. This layer is what makes the steel "stainless." Higher levels of chromium and the addition of other alloying elements such as molybdenum and nickel enhance this protective barrier and further improve the corrosion resistance of the stainless steel. There are many different types of stainless, but for rigging products, the most commonly used are the 300 series stainless steels (type 304 & type 316) - also known as the austenitic stainless steels.
316 stainless steel has molybdenum added to its alloy content during production. Molybdenum provides an even higher degree of corrosion resistance than 304 stainless steel. This is an advantage for objects that require resistance to extreme environmental conditions such as salt water, de-icing salts, brine solutions, or other chemical forms of chemical exposure. In laboratory and pharmaceutical settings, 316 stainless steel excels in resistance to acids, bromides, and iodides at high temperature.
It is difficult to tell the difference between 304 and 316 stainless steel by simply looking at the two. They both offer the same polished, chromed, grained, colored, or blasted appearance but 316 stainless steel costs more due to its enhanced chemical and production properties.
Not necessarily so. In fact, Type 304ss often has a detectable magnetic draw. And it is possible for Type 316ss to have a very slight magnetic draw.
The reason for this is fairly technical, but it has to do with the amount of chromium in the alloy and the process in which the part was made. Type 304ss has less chromium than Type 316ss, and it is the chromium that affects the microstructure of the surface of the steel. Because Type 316ss has more nickel in it and the presence of this additional nickel serves to enhance the affect of the chromium in the steel, Type 316ss will have little to no detectable magnetic draw.
What typically can create a magnetic draw is cold working or welding of the metal. Cold working in the form of bending, forming or machining can cause a change in the microstructure on the surface of the metal and reduce the effect of the chromium layer that exists on the surface. And again, because Type 304ss has less nickel than Type 316ss, it is more susceptible to developing a degree of magnetism.
Although stainless steel is much more resistant to corrosion than ordinary carbon or alloy steels, in some circumstances it can corrode. It is "stainless" not "stain-impossible."
Type 304ss is more susceptible to forming rust than Type 316ss. This is due to the presence of higher levels of both nickel and molybdenum. Stamping, forming and welding can disrupt the surface microstructure of stainless steel and this is more so the case for Type 304ss.
Salt water, salt in the aire and chemicals can attack Type 304ss causing pitting to occur. The additional nickel and molybdenum in Type 316ss make it less likely for corrosion to occur when exposed to these same elements.
Galvanic corrosion can occur when stainless comes into contact with dissimilar metals when an electrolyte, water or other solution is present.