it almost certainly won't cut stainless "out of the box". I was very disappointed with my lathe to begin with. I even struggled with (small diameter) steel until I'd done a fair bit of adjustment. With a sharp bit now though I can take 2mm off a steel diameter without too much bother (I changed the spindle bearings to taper rollers before doing this). They're great lathes as long as you treat them as kits for finishing, rather than production-ready.
Hi Tom

Are you saying the cutters fo these mini lathes won't cut the steel or the machine is not up to it?
Thanks.