316 stainless steel in 304 stainless steel based on the addition of molybdenum, which makes its corrosion resistance and heat resistance has been further improved. As a result, 316 stainless steel is more suitable for use in more demanding environments, such as seawater environments, chemical engineering, and medical equipment.
Because 316 stainless steel contains a higher proportion of molybdenum, and its corrosion resistance, high temperature resistance and other performance is better, so its cost is relatively higher, the price will be more expensive than 304 stainless steel.