is a common misconception that stainless steel is stronger than regular
steel. In fact, due to the low carbon content, stainless steel cannot
be hardened. Therefore, when compared with regular steel, it is slightly
stronger than un-hardened (grade 2) steel bolts and other fasteners, but significantly
weaker than hardened steel fasteners. Stainless steel fasteners are also much less magnetic than regular steel fasteners though some grades will be slightly magnetic.
300 Series austenitic chromium-nickel alloys