CarTech 302HQ-FM stainless, a modification of CaTech Custom Flo 302HQ stainless, has excellent cold headability, plus machinability approaching Type 303 stainless. It was designed primarily for cold-headed parts that needed to be drilled, slotted, broached, etc. In addition, CarTech 302HQ-FM has been run in bar form on automatic screw machines on parts where thread rolling or cold form tapping operations are critical. It is an austenitic stainless steel and becomes only very faintly magnetic after severe cold working. It can be considered as a substitute for Type 303 and Type 303Se, if specifications permit. (This alloy is not covered by specifications which apply to these or other similar grades at this time.)