Stainless steel duplex stainless steels are achieved with an overall lower alloy content than similar-performing super-austenitic grades, making their use cost-effective for many applications. Duplex grades are characterized into groups based on their alloy content and corrosion resistance. Precipitation hardening stainless steels have corrosion resistance comparable to austenitic varieties, but can be precipitation hardened to even higher strengths than the other martensitic grades. The most common, 17-4PH, uses about 17% chromium and 4% nickel. The designation "CRES" is used in various industries to refer to corrosion-resistant steel. Most mentions of CRES refer to stainless steel, although the correspondence is not absolute, because
SAE 904L stainless steel systems. In 1985 Rolex became the first wristwatch manufacturer to utilize 904L grade steel in its watches. Rolex chose to use this variety of steel because it takes a higher polish than other grades of steel and provides greater corrosion resistance, though it does not machine as well and requires specialized equipment to be properly modified into the required shapes. SAE 904L stainless steel 904L is an austenitic stainless steel. In comparison to 316L, its molybdenum addition gives it superior resistance to localized attack (pitting and crevice corrosion) by chlorides and greater resistance reducing acids and in particular its copper