316 L is a chromium-nickel molybdenum austenitic stainless steel developed to provide improved corrosion resistance to Alloy 304/304L in moderately corrosive environments. It is often utilized in process streams containing chlorides or halides. The addition of molybdenum improves general corrosion and chloride pitting resistance. It also provides higher creep, stress-to-rupture and tensile strength at elevated temperatures.