In this comprehensive study, we investigated the pivotal role of corrosion-related parameters in various electrochemical tests: potentiodynamic polarization (PDP), open-circuit potential (OCP), pitting potential, and electrochemical impedance spectroscopy (EIS). These tests are essential for assessing materials' susceptibility to corrosion and guiding corrosion control strategies across diverse industries. The research highlights the intricate relationship between corrosion current density, axial strain, and temperature. As axial strain increases, corrosion current density decreases, with the lowest value observed at 500 °C and high strain. Temperature elevation consistently leads to lower corrosion current density values. Similarly, the OCP test reveals that axial strain and temperature directly influence OCP values, with higher strain and temperature resulting in higher OCP values. These findings underscore the significance of these factors in assessing corrosion potential. In the context of pitting potential, we observe a positive correlation with axial strain and temperature. Higher strain and temperature lead to increased pitting potential values, emphasizing their combined effect on localized corrosion susceptibility. Lastly, the study delves into contact resistance in EIS, showing that as axial strain and temperature rise, contact resistance values also increase. This highlights the need to mitigate contact resistance for accurate corrosion assessment.