Sometimes referred to as 18/8 because of its 18% chromium and 8% nickel, it is used in kitchen equipment, cutlery, food processing equipment, and structural components in the automotive and aerospace industries. Grade 316 is another common stainless steel. It is used in the making of a wide range of products such as food preparation equipment, laboratory benches, medical and surgical equipment, boat fittings, pharmaceutical, textile, and chemical processing equipment.
Read more about 304 vs 316 stainless steel
Martensitic
Martensitic stainless steels are in the 400 Grade series of stainless steels. They have a low to high carbon content, and contain 12% to 15% chromium and up to 1% molybdenum. It’s used whenever corrosion resistance and-or oxidation resistance are required along with either high strength at low temperatures or creep resistance at elevated temperatures. Martensitic steels are also magnetic and possess relatively high ductility and toughness, which make them easier to form.