Monel K500 is the precipitation-hardenable copper and nickel-based alloy. It is having good corrosion resistance ability. It is having a good ability to withstand stress corrosion cracking at severe atmospheric conditions. Alloy K500 is having thrice the yielding strength and twice the tensile strength. A precipitation-hardenable nickel-copper alloy that combines the corrosion resistance of MONEL alloy 400 with greater strength and hardness. It also has low permeability and is nonmagnetic to under -150°F (-101°C). Used for pump shafts, oil-well tools and instruments, doctor blades and scrapers, springs, valve trim, fasteners, and marine propeller shafts.