See attached photo to see condition after weeks at the beach. Although it is stamped '316', it is almost certainly NOT true '316' stainless steel. I have an oceanfront home and have learned the hard way that the ONLY metal that will survive in this environment is true 316 stainless steel. Anything else will start to rust immediately (even 304/305 stainless steel). I've installed a lot of "316" hardware that works incredibly well. And this item immediately began to rust. AVOID.