1. Material Composition: The Key Factor Is Molybdenum (Mo)
304 Stainless Steel consists primarily of 18% Chromium (Cr) and 8% Nickel (Ni), making it a standard austenitic stainless steel with relatively low cost.
316 Stainless Steel builds on the 304 composition by adding 2–3% Molybdenum (Mo) and slightly increasing Nickel content (10–14%). Molybdenum is a rare and expensive alloying element, with a global price averaging around USD 45,000 per ton, which significantly increases the raw material cost.
Key Impact: The addition of molybdenum enhances corrosion resistance, particularly in chloride-rich environments such as seawater or acidic media. However, it also raises the material cost by approximately 20–30%.
2. Performance Advantage: 316 Offers Superior Reliability in Harsh Environments
304 performs well in general environments (e.g., freshwater, mild acids), but is prone to corrosion in high-salt, strong acid, or chloride-containing conditions (e.g., marine or chemical settings).
316 forms a more stable passive layer due to molybdenum, offering over 30% better resistance to pitting and crevice corrosion. It's widely used in marine engineering, medical devices, and other high-demand applications.
In terms of mechanical performance, molybdenum strengthens 316, increasing its tensile strength and hardness. This makes it ideal for high-load, high-wear conditions, especially where bolts are subject to vibration or pressure.
High-temperature stability is also superior; above 80°C, 316 has a slower oxidation rate than 304, contributing to longer service life.
3. Price Difference: Combined Effect of Raw Material and Processing Costs
Raw material cost: 304 stainless steel typically costs CNY 15,000–20,000/ton, while 316 ranges from CNY 21,000–26,000/ton—a 30–40% price gap.
Molybdenum accounts for 15–20% of 316's total cost and its price is highly volatile (e.g., molybdenum prices surged over 50% in 2023).
Processing difficulty: Due to its higher hardness, 316 wears out tools faster during cold working processes like cutting or threading. This lowers production efficiency by about 10–15% and increases manufacturing cost.
4. Applications and Market Demand
304 Bolts: Commonly used in construction, furniture, and general equipment exposed to non-corrosive environments. Demand is high and production is standardized, keeping unit costs low.
316 Bolts: Designed for corrosive and high-reliability environments such as marine structures, chemical pipelines, and medical equipment. Often require stricter certifications (e.g., ISO 3506), leading to higher added value.
Example: In seawater desalination plants, bolts made from 304 may corrode within months, while 316 bolts can last for years, significantly reducing maintenance costs.
5. Purchasing Advice: Choose Based on Application to Avoid Overspending
Choose 304 for: General construction, indoor furniture, and non-acidic environments — offers excellent value for money.
Choose 316 for: Exposure to saltwater or acidic/alkaline media (e.g., food processing equipment, coastal infrastructure);
high-temperature or high-pressure environments (e.g., boilers, energy systems).
Caution: Be aware of counterfeit products — some suppliers may label 304 as 316. Always verify with a material test report (e.g., SUS316 marking) or third-party inspection.
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