Market Intelligence › Price Gap › IS 2062 E350A

IS 2062 E350A Steel: Price Gap

Demand price (median buyer ceiling from RFQs) versus offer price (median seller reserve from listings), and the gap between them, for IS 2062 E350A 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. -2,264

Current

Rs. -2,264

116 RFQs · 132 listings

7 days ago

Rs. -2,264

Sellers were charging the same as today

116 RFQs · 132 listings

15 days ago

Rs. -2,256

Sellers were charging Rs. 8 less than today

115 RFQs · 132 listings

30 days ago

Rs. -2,290

Sellers were charging Rs. 26 more than today

109 RFQs · 126 listings

This gap is narrower than typical for Structural Steel nationally (3.6% vs a 8.2% 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.

IS 2062 E350A is a Structural Steel grade: E350A is grade E 350, quality A, in IS 2062:2011 (Hot Rolled Medium and High Tensile Structural Steel), which covers plates, strips, shapes, sections, flats and bars for structural work. The grade is named by its minimum yield stress. Typical applications: Heavy structural work, machinery bases, bridges.

Equivalent / Similar Grades (7)

Grade	Standard	Region
S355JR	EN	Europe
ASTM A572 Gr50	ASTM	USA
SM490A	JIS	Japan
CSA G40.21 400W	CSA G40.21	Canada
AS/NZS 3678 Grade 400	AS/NZS 3678	Australia
AS/NZS 1594 HA350	AS/NZS 1594	Australia
AS/NZS 3678 Grade 350L0	AS/NZS 3678	Australia

Chemical Composition (%)

C	Mn	Si	S	P	CEV
<=0.20	<=1.55	<=0.45	<=0.045	<=0.045	<=0.47

Mechanical Properties

Tensile Strength	>=490 MPa
Yield Strength	350 MPa (<=20mm) / 330 MPa (20-40mm) / 320 MPa (>40mm)
Elongation	>=22%
Impact	not required