Since it is nearly impossible to cast, stainless steel isn?t used in explosion proof enclosures; however more conventional metallic explosion proof enclosures are not generally prohibited from use with stainless steel raceways.
Actually, Stainless Steel is no more difficult to cast than conventional cast iron, or sand cast brass/bronze. Investment and sand casting techniques have improved dramatically over the past 20 years, to where casting stainless steel is relatively easy and commonplace. You can easily purchase cast stainless plumbing pipe and valves and more recently, conduit and fittings. The real prohibition comes from
cost. A cast stainless enclosure may cost up to 3x the equivalent in epoxy coated cast aluminum. The same holds true for Stainless rigid conduit vs standard galvanized rigid conduit.
Stainless conduit and fittings are becoming more common in food processing installations where previous PVC coated steel product has failed over time. The failures are due to the chemical detergents, hot water, and high pressure washing that occurs every day in these facilities. We know folks who manufacture Stainless conduit and fittings, and the best line they gave me for the success of their business was "Every time a cow dies, its good for us!"..
Getting back to the issue at hand, I know of no code or related UL issue that precludes the use of Stainless Steel specifically. As long as it passes the requirements by the related specifications (i.e. UL514B, UL6A, etc.) there should be no problems.
If an enclosure or fitting is listed as Class I or II, it will be specifically listed as such - no matter what the material it is. The products are tested in all versions of the materials offered. Explosion proof,Stainless enclosures are difficult to find because there is a very limited market for them and the cost to manufacture them would outweigh the overall corrosion benefits.
If stainless in hazardous locations is viewed as a no-no, FYI T&B carries hazardous location drain/breather fittings in Stainless Steel (ECD384-TB), so I don't think stainless material is a problem.
This is probably the reason why you don't see conduit bodies made out of Titanium or conduit fittings made out of oxygen-free, high-conductivity copper. High Cost and Low Demand.