The largest category of stainless steel, accounting for about 70% of all production. The austenitic class offers the most resistance to corrosion in the stainless group, owing to its substantial nickel content and higher levels of chromium. Austenitic stainless steels are hardened and strengthened through cold working (changing the structure and shape of steel by applying stress at low temperature) instead of by heat treatment. Ductility (ability to change shape without fracture) is exceptional for the austenitic stainless steels. Excellent weldability and superior performance in very low-temperature services are additional features of this class.

Applications include cooking utensils, food processing equipment, exterior architecture, equipment for the chemical industry, truck trailers, and kitchen sinks.

The two most common grades are type 304 (the most widely specified stainless steel, providing corrosion resistance in numerous standard services) and type 316 (similar to 304, with molybdenum added, to increase opposition to various forms of deterioration).