Abstract: The mechanical properties,wear resisance and magnetic characterictics of FJ316 austenitic sintered steel material are given in the present paper, When the density of P/M FJ316 is over 7.3 g/cm³ the P/M material possesses the tensile strength in a range of 45-50kgf/mm² and the elongation over 30% which approach or reach those of wrought 316L stainless steel.P/M FJ316 has been satisfactory and obtained remarkable economic efficiency for making structure parts, including upper and lower supporting plates,controlling jaws, timing jaws, pendulums and spring pedestals.These materials are immensely available for various industrial fields.