
It depends on the grade of stainless steel you’re using:
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Austenitic grades (300‑series, e.g. 304, 316)
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Chemically non‑magnetic in the annealed (soft) condition.
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Common for screws (often sold as “18‑8” stainless).
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However, cold‑working (thread‑rolling, bending) can introduce a small amount of martensite, so a magnet may “stick,” albeit weakly.
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Ferritic grades (400‑series, e.g. 430)
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Always magnetic.
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Less corrosion‑resistant than austenitics; less common for general‑purpose screws.
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Martensitic grades (also 400‑series, e.g. 410, 420)
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Hardenable by heat treatment; magnetic in both annealed and hardened conditions.
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Often used where higher strength is needed (e.g. security or cut‑resistant screws).
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