[en] The magnetic properties of stainless steel have been investigated using a radio frequency (RF) high-temperature superconductivity (HTS) SQUID (Superconducting QUantum Interference Device)-based susceptometer. The nuclear grade 304 stainless steel is nonmagnetic at a normal condition but it changes to a partially ferromagnetic state associated with martensitic transformation under a plastic deformation. The magnetic moment of the 304 stainless steels was increased with an increasing cold work rate, and decreased with an increasing annealing temperature. The change of mechanical properties such as yield strength and ultimate tensile strength (UTS) are also analyzed in terms of deformation-induced martensitic transformation