Mild steel plate is a type of carbon steel which has small quantities of carbon, typically around 0.05% to 0.25% (on the basis of weight). It primarily constitutes iron and carbon, and the higher the content of carbon, the harder and stronger it becomes.
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In case of additional carbon is included in the product, the steel forms cast iron. The steel plate has various properties like being lightweight, malleable, ductile (ductility without breakage or damage), weldable, and machinable in comparison to other carbon and steel, resistant to abrasion, fine surface finish and high level of hardness and energy.
Key Details About the Mild Steel Plate Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the mild steel plate price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The mild steel plate Price chart, including India mild steel plate price, USA mild steel plate price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Mild Steel Plate Price Trend:
The Mild Steel Plate market is surging ahead due to its myriad properties, making it an excellent choice for shaping and welding applications. Its primary use in the construction sector is facilitated by its ease of cutting, shaping, and drilling. Additionally, its availability in various shapes, sizes, and forms makes it suitable for bending and rolling.
This versatile commodity finds its way into a plethora of products, including furniture, wire, nails, structural steel, automobiles, decorations, and fencing. Moreover, its wide-ranging applications across industries such as oil and gas processing, marine, nuclear and thermal plants, chemical and petrochemical, food processing, seawater applications, power generation, shipbuilding, and pulp and paper strengthen the Mild Steel Plate market.
Monitoring Mild Steel Plate Price Trend, Mild Steel Plate Price Index, and Mild Steel Plate Prices through charts and graphs reveals insights into market fluctuations and demand dynamics, ensuring informed decision-making in the industry.
Key Players:
- POSCO
- Hico Multifin Products Private Limited
- Gravita India Ltd
- Canada Metal North America Ltd
- Jamestown North America
- Boliden Group
News & Recent Development
- 26 May 2023- Prices of domestic steel prices were under pressure at the beginning of FY24 as demand from China dropped.
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