1.4362 is part of the family of DUPLEX steels. To a limited extent it can be used as a low-cost substitute for austenitic chromium-nickel or chromium-nickel-molybdenum steels, possibly also for the DUPLEX material 1.4460. It has a significantly higher yield strength than the austenitic steels. DUPLEX stainless steels have become popular as a result of their unique combination of corrosion resistance, resistance to stress corrosion cracking and high tensile and yield strength. Its high strength makes this steel ideal for the construction industry. With a relatively low nickel content compared with conventional austenitics, 1.4362 is also attractive in terms of cost.