What is 316 Stainless Steel?

316 stainless steel is a type of austenitic stainless steel that contains molybdenum, which increases its corrosion resistance, especially against chlorides and salt water. This makes it an ideal choice for marine applications, chemical processing, food industries, and outdoor use.

It is available in different forms such as:

Sheets

Coils

Pipes

Tubes

Plates

Rods and bars

The most commonly used stainless steel grades are 304 and 316. 316 is more expensive than 304 because it contains more alloying elements, especially molybdenum. This gives 316 better corrosion resistance, especially in harsh or salty environments.

So, if you are working in a place where corrosion is a major issue, 316 is worth the extra price.

The price of 316 stainless steel per kg can change depending on various factors. As of June 2025, here is a rough estimate for the Indian market:

Product Type

Approx. Price per KG (INR)

316 Sheet

₹310 – ₹350

316 Coil

₹320 – ₹360

316 Pipe

₹350 – ₹400

316 Rod/Bar

₹340 – ₹390

Note: Prices are approximate and can change daily based on the steel market, raw material cost, and supplier.

The price of 316 stainless steel is not fixed. It depends on several factors:

Nickel and molybdenum are expensive metals used in 316 stainless steel. If the price of these raw materials increases, the price of 316 steel also goes up.

Thicker or larger sheets, pipes, and coils will cost more per kg. Custom sizes may also add extra charges.

Sheets are usually cheaper per kg compared to pipes or rods. Tubes and bars require more processing and shaping, which adds to the cost.

If you order in bulk, most suppliers will offer you a better rate per kg. Small quantity orders may include extra handling or cutting charges.

The cost of transport from the factory or stockist to your location also adds to the price. Local suppliers may charge less for delivery.

Branded and certified material like Jindal, Outokumpu, or POSCO may cost more but offer better quality and reliability.

Here are a few useful tips if you’re looking to buy 316 stainless steel at the best price:

Compare multiple suppliers before placing an order.

Ask for bulk discounts if ordering large quantities.

Buy directly from manufacturers or stockists to avoid middlemen.

Check if the price includes GST and transportation to avoid hidden costs.

Ask for test certificates (TC) for assurance of grade and quality.

Grade

Price (Approx.) per KG

Corrosion Resistance

Suitable For

304

₹190 – ₹240

Good

Kitchen, indoor use

316

₹310 – ₹400

Excellent

Marine, outdoor, chemical

If your environment involves exposure to chemicals or saltwater, it is better to invest in 316. For general indoor or kitchen use, 304 may be sufficient and more affordable.

316 stainless steel is used in a variety of industries and products such as:

Marine parts (boat fittings, propellers)

Food processing equipment

Pharmaceutical and chemical plants

Water treatment plants

Kitchen and bathroom fittings

Architectural and structural designs

Because of its strength and corrosion resistance, it is the go-to material in tough working conditions.

You can buy 316 stainless steel from:

Authorized stockists and dealers like Jindal distributors

Local stainless steel markets (e.g., Mumbai, Delhi, Ahmedabad, Chennai)

Online B2B platforms like IndiaMART, TradeIndia, or local suppliers' websites

Directly from steel manufacturers

Always choose a reliable supplier with experience in stainless steel and proper documentation.

316 stainless steel is a premium grade of steel that offers top-level corrosion resistance and long-term durability. Its price per kg is higher than other grades like 304, but it pays off in harsh environments where rust and damage can be costly.

As of June 2025, the price of 316 stainless steel in India ranges between ₹310 to ₹400 per kg, depending on the product type, thickness, and supplier.

Before purchasing, compare prices, check quality, and ensure that you're getting certified material. Whether you're building marine equipment or industrial structures, 316 stainless steel is a long-lasting and reliable choice.