Metal Fused Filament Fabrication (MFFF) has emerged as a prominent technology in Additive Manufacturing (AM), characterized by its cost-effectiveness, versatility in creating intricate geometries using diverse materials, and widespread availability of AM machines. However, the intricate processes of making filament, printing, debinding, and sintering in MFFF pose unique challenges, with a vast number of parameters influencing each stage. Specialized companies handle these stages for research purposes, yet detailed information on the processes remains limited. The objective of this research is to conduct a meticulous examination of the parameters governing the printing, debinding, and sintering of 316L stainless steel—a material widely employed in various industries. The goal is to provide researchers and manufacturers with a comprehensive understanding, enabling them to achieve high-density metal parts that rival those produced through Selective Laser Melting (SLM). This research employs a systematic approach in producing flawless metal parts through fine-tuning parameters such as printing speed, nozzle diameter, extruder and construction table temperatures, heating rate, nitric acid injection during debinding, and sintering atmosphere and temperature. Despite advancements in MFFF parameters in this study, a comparative analysis with SLM reveals superior mechanical properties and density in SLM-produced parts. Because, the robust bonding facilitated by a powerful energy source (laser) in SLM minimizes porosities, whereas MFFF relies solely on molten filament adherence, potentially leading to small gaps between layers. This research contributes valuable insights for achieving dense, defect-free metal parts through Metal Fused Filament Fabrication (MFFF). It sheds light on the persistent advantages of Selective Laser Melting (SLM) in terms of mechanical performance and density. The comprehensive understanding of parameters provided in this study empowers researchers and manufacturers to optimize MFFF processes for 316L stainless steel, narrowing the gap between the two technologies (MFFF and SLM) and enhancing the competitiveness of MFFF in producing high-quality metal parts.