Alloy B-3 has excellent resistance to pitting corrosion and stress-corrosion cracking, plus thermal stability superior to that of alloy B-2. This alloy has also great resistance to knife-line and heat-affected zone attack. The improved thermal stability of alloy B-3 alloy minimizes the problems associated with fabrication of alloy B-2 alloy components. This is due to the reduced tendency to precipitate deleterious inter-metallic phases in B-3 alloy, thereby, affording it greater ductility than B-2 alloy during and following various thermal cycling conditions. Because this alloy contains no significant chromium addition it should NOT be used in oxidizing media or in presence of oxidizing salts, such as ferric or cupric salts. The latter may form when iron or copper is present in a system containing hydrochloric acid. Likewise alloy B-3 does not withstand wet chlorine gas or hypochlorite bleach.