This chapter discusses the compositions, mechanical properties, phase structure, stabilization, corrosion resistance, and advantages of austenitic stainless steels. Austenitic alloys are classified and reviewed in three groups: (1) lean alloys, such as 201 and 301, which are generally used when high strength or high formability is the main objective; (2) chromium nickel alloys used for high temperature oxidation resistance; and (3) chromium, molybdenum, nickel, and nitrogen alloys used for applications where corrosion resistance is the main objective.