This is grade 316 1x19 wire rope or cable. It is recommended by most sailors for standing rigging on small sailboats due to its low stretch.
Although the 7 x 19 is sometimes used for standing rigging (shrouds and stays), because it is more flexible, and has the potential to stretch more than the 1 x 19, the 7 x 19 is more commonly used for running rigging, like halyards for example.
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