A new alloy was recently introduced and is identified as UNS N06058. This is a Ni-Cr-Mo-N material and is the first alloy in the Ni-Cr-Mo family to use intentional additions of nitrogen (N) to improve corrosion resistance. Its nominal composition is Ni-21Cr-19Mo-0.075N by weight percent. This new alloy is gaining interest in a number of application areas such as chemical processing and environmental equipment. This paper highlights several new application areas and shows the corrosion properties of this material that has made it of increasing interest in these areas. In particular corrosion data on weldments of this new alloy are presented as most process equipment requires welding this is a topic of interest.