The contributions of work-hardening of austenite and the presence of martensite on the hardening of an AISI 304L stainless steel were evaluated based on plastic deformation under different reductions in thickness at two rolling temperatures. The cold deformation temperatures of 300 K and 373 K were chosen to induce strain-hardening plus strain-induced martensitic transformation in the former and strain-hardening in the latter. This made it possible to elucidate the real effects of strengthening mechanisms of metastable austenitic stainless steels during mechanical working.