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SAE J403 1008 Steel: Price Gap

Demand price (median buyer ceiling from RFQs) versus offer price (median seller reserve from listings), and the gap between them, for SAE J403 1008 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?”
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Market direction
Buyers bidding higher
Price gap (National)
+Rs. 20,179
Current
+Rs. 20,179
3 RFQs · 3 listings
7 days ago
+Rs. 20,179
Buyers were willing to pay the same as today
3 RFQs · 3 listings
15 days ago
+Rs. 20,179
Buyers were willing to pay the same as today
3 RFQs · 3 listings
30 days ago
+Rs. 19,912
Buyers were willing to pay Rs. 267 less than today
3 RFQs · 3 listings
This gap is wider than typical for Carbon Steel nationally (35.6% vs a 13.5% category average).
Direction has held at “buyers bidding higher” for 124 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.

SAE J403 1008 is a Carbon Steel grade: Nonresulfurized carbon steel SAE 1008 (UNS G10080) to SAE J403 JUN2014, a chemistry-only grade for semifinished products for forging, hot rolled and cold finished bars, wire rods, plates, strip, sheets, welded tubing and seamless tubing. Carbon up to 0.10% and manganese 0.30-0.50%. Typical applications: Chemistry-only grade; product scope as listed in the composition notes.
Equivalent / Similar Grades (4)
Grade Standard Region
C8C DIN Germany
EN3A BS 970 UK
SPCC JIS Japan
1008 SAE J403 USA
Chemical Composition (%)
C Mn P S
<=0.10 0.30-0.50 (long products), <=0.50 (flat rolled) <=0.030 (flat rolled), <=0.040 (long products) <=0.035 (flat rolled), <=0.050 (long products)