201 stainless steel wire is a lower-cost alternative to traditional chromium-nickel austenitic stainless steels like 304. Enriched with a higher manganese and nitrogen content, it offers moderate corrosion resistance and a higher yield strength. However, it's less resistant to corrosion compared to 300 series alloys and can be prone to pitting in chloride environments. It's commonly used in applications requiring moderate corrosion resistance and lower costs, such as for making screens, baskets, and cables, especially in decorative and light structural applications. Its good formability also makes it suitable for various manufacturing processes, including welding and forming. 201 stainless steel wire is often selected for budget-conscious projects where aesthetics and moderate durability are key considerations.