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What is the "annealed" condition?

Stainless steel is usually sold in the "annealed" condition. It just means that the material is in the "soft" or annealed condition. The 300 series of stainless steels can not be hardened by heat treatment (like carbon steels) but can be hardened by cold working. This cold work can be eliminated by a heating treatment (annealing) that will restore the original soft condition.