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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

Lifetime: The gap between buyer bids and seller asks, across everything ever listed on M-EX. Use this for the long view. For example, “Has this grade usually traded with buyers bidding above sellers?”

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Market direction

Sellers asking higher

Price gap (National)

Rs. -8,605

Current

Rs. -8,605

324 RFQs · 637 listings

7 days ago

Rs. -8,605

Sellers were charging the same as today

324 RFQs · 637 listings

15 days ago

Rs. -8,605

Sellers were charging the same as today

324 RFQs · 635 listings

30 days ago

Rs. -8,550

Sellers were charging Rs. 55 less than today

302 RFQs · 623 listings

This gap is narrower than typical for Alloy Steel nationally (9.5% vs a 12.2% category average).
Direction has held at “sellers asking higher” for 146 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)