Msmedesign & Nozzle Twister,
Comments from the prospective of a valve manufacturer (globe valves):
1.ANSI B16.5 is an old national standard and history has proven that the 150 Class flanges are susceptible to creep at elevated temperatures and this has resulted in loss of gasket loading. (ANSI B16.5, para.2.4.2 & ANSI B16.34, para. 2.3.1)
2.The 1000F limitation should be on the Standard Class tables and for the 150 Class Flanges.
3.Most manufacturers offer valves with either 150 Class or 300 Class flanges at the same price, therefore most customers immediately opt for the 300 Class flanges even though the process is 150 Class.
4.Agree, ASTM A193, B16 fasteners are limited to 1100F.
5.ANSI B16.34, Table 1, Bolting Materials lists ASTM A453, Grades 651 & 660 as the high temperature bolting that is compatible with stainless steel valves, however, stress rupture testing is required for applications above 800F.
In the temperature range 1000F-1200F standard steel based materials can be applied, but as the temperature increases the use of specialty alloys or the ASTM A193, Class 1 bolting and the de-rating of valves becomes more common. The de-rating of valve flanges and bolting is very similar to that required by NACE for flanges subject to the H2S environment.
Hope this helps,
ABScott