Market Intelligence › Price Gap › BS 970 EN24

BS 970 EN24 Steel: Price Gap

Demand price (median buyer ceiling from RFQs) versus offer price (median seller reserve from listings), and the gap between them, for BS 970 EN24 across India. Click a region to drill into states.

Live Signal Lifetime

Live Signal: The gap between what buyers are bidding and what sellers are asking, from listings and RFQs open right now. Use this to price today. For example, “Are buyers currently bidding above what sellers ask for this grade?”

Viewing a specific grade. Switch grade:

Clear ×

Market direction

Sellers asking higher

Price gap (National)

Rs. -7,769

Current

Rs. -7,769

22 RFQs · 14 listings

7 days ago

Rs. -7,769

Sellers were charging the same as today

22 RFQs · 14 listings

15 days ago

Rs. -7,630

Sellers were charging Rs. 139 less than today

22 RFQs · 14 listings

30 days ago

Rs. -7,637

Sellers were charging Rs. 132 less than today

22 RFQs · 14 listings

This gap is wider than typical for Alloy Steel nationally (8.7% vs a 6.2% category average).
Direction has held at “sellers asking higher” for 97 days.

Demand above offer (positive gap)

Offer above demand (negative gap)

Insufficient data (< 3 each side)

See activity (demand & supply) across India ›

Disclaimer: All information on this page is indicative only and derived from posted listings and RFQs on M-EX. It does not constitute a market price quote or investment advice. M-EX and GTE make no representations as to accuracy or completeness. Actual activity depends on quantity, quality, payment terms and other commercial factors agreed between buyers and sellers.

BS 970 EN24 is an Alloy Steel grade: EN24: 1 1/2 per cent nickel-chromium-molybdenum steel. Specified in BS 970:1955, Part 2. Typical applications: Heavy duty gears, shafts, connecting rods.

Equivalent / Similar Grades (15)

Grade	Standard	Region
817M40	BS 970 (Part 3)	UK
AISI 4340	AISI	USA
34CrNiMo6	DIN/EN	Europe
SNCM439	JIS	Japan
SAE4340	SAE	USA
40HNMA	GOST	Russia
34NCD6	NF	France
SS 2258	SS 14 22 58	Sweden
GB/T 40CrNiMoA	GB/T 3077	China
36CrNiMo4	EN
817M40	BS 970 (Part 1)	UK
817A37	BS 970 (Part 1)	UK
817A42	BS 970 (Part 1)	UK
EN110	BS 970	UK

Chemical Composition (%)

C	Si	Mn	Ni	Cr	Mo	S	P
0.35-0.45	0.10-0.35	0.45-0.70	1.30-1.80	0.90-1.40	0.20-0.35	<=0.050	<=0.050

Mechanical Properties

Tensile Strength	≥772 MPa (50 tons/sq in, converted)
Yield Strength	≥587 MPa (38 tons/sq in, converted)
Elongation	≥20%
Hardness	223-277 HB
Condition	Hardened and tempered S, ruling section 6 in (lowest-strength condition of the standard)