What Is The Difference Between 304 And 316 Stainless Steel Round Bars? The main difference between 304 and 316 is in terms of corrosion resistance and usage scope. In terms of content, the nickel content of 304 is generally 8%, while that of 316 is 10%, and 316 also contains 2% molybdenum element. So in terms of corrosion resistance, 316 is stronger than 304, which is why in some public facilities or coastal cities, 316 is the most common product.And 316 stainless steel contains Mo, which has better corrosion resistance than 304 stainless steel in high-temperature environments. Therefore, engineers generally choose components made of 316 material in high-temperature environments.