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BS 970 (Part 3) 080M40 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 (Part 3) 080M40 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?”
Viewing a specific grade. Switch grade:
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Market direction
Sellers asking higher
Price gap (National)
Rs. -60,012
Current
Rs. -60,012
5 RFQs · 34 listings
7 days ago
Rs. -60,012
Sellers were charging the same as today
5 RFQs · 34 listings
15 days ago
Rs. -60,012
Sellers were charging the same as today
5 RFQs · 34 listings
30 days ago
Rs. -60,012
Sellers were charging the same as today
5 RFQs · 32 listings
This gap is wider than typical for Carbon Steel nationally (199.6% vs a 14.4% category average).
Direction has held at “sellers asking higher” for 125 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 (Part 3) 080M40 is a Carbon Steel grade: 080M40 is a carbon steel bright bar grade specified in BS 970 Part 3:1991 (bright bars for general engineering purposes). Typical applications: Shafts, gears, axles, general engineering.
Equivalent / Similar Grades (11)
Grade Standard Region
EN8 BS 970 UK
C40 IS 1875 Germany
AISI 1040 SAE USA
DIN C40 DIN 17200 Germany
JIS S40C JIS G4051 Japan
GOST 40 GOST 1050 Russia
GB/T 40 GB/T 699 China
XC40 NF A35-551 France
IS C40 IS 5517 India
EN8D BS 970 UK
40 GOST 1050 Russia
Chemical Composition (%)
C Si Mn P S
0.36-0.44 0.10-0.40 0.60-1.00 <=0.05 <=0.05