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BS 970 EN47 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 EN47 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

Buyers bidding higher

Price gap (National)

+Rs. 18,933

Current

+Rs. 18,933

16 RFQs · 70 listings

7 days ago

+Rs. 18,933

Buyers were willing to pay the same as today

16 RFQs · 70 listings

15 days ago

+Rs. 18,933

Buyers were willing to pay the same as today

16 RFQs · 70 listings

30 days ago

+Rs. 18,893

Buyers were willing to pay Rs. 40 less than today

15 RFQs · 67 listings

Direction has held at “buyers bidding higher” for 122 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 EN47 is a Spring Steel grade: EN47: 1 per cent chromium-vanadium spring steel. Specified in BS 970:1955, Part 2. Typical applications: Coil springs, leaf springs, torsion bars, valve springs, suspension springs, industrial springs requiring high fatigue life..

Equivalent / Similar Grades (7)

Grade	Standard	Region
51CrV4	DIN/EN	Europe
AISI 6150	SAE	USA
SUP10	JIS	Japan
SAE5160	SAE	USA
SUP9	JIS G4801	Japan
60Si7	IS 3195	India
IS 11169 Grade 1	IS 3431	India

Chemical Composition (%)

C	Si	Mn	Cr	V	S	P
0.45-0.55	<=0.50	0.50-0.80	0.80-1.20	>=0.15	<=0.050	<=0.050