Market Intelligence › Supply and Demand Balance › BS 970 (Part 3) 070M55

BS 970 (Part 3) 070M55 Steel: Supply & Demand

Buyer RFQ demand against seller listing supply for BS 970 (Part 3) 070M55, broken down by form. Signals are indicative and derived from listings and RFQs.

Last updated: 16 Oct 2026, 1:00 AM

Live Signal Lifetime

Lifetime: This grade’s supply and demand by form, across everything ever listed on M-EX. Use this for the long view. For example, “Has this grade historically drawn more buyers than sellers?”

Shortage

In Demand

Healthy

Oversupplied

Deep Supply

Low Activity

Form	Supply	Demand	Status	Price Band (Rs./MT)
Round Bar	34	1	Deep Supply	56,695 to 67,384 median 65,135

BS 970 (Part 3) 070M55's demand ranks in the top 38% of all 484 tracked grades platform-wide.

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) 070M55 is a Carbon Steel grade: 070M55 is a carbon steel bright bar grade specified in BS 970 Part 3:1991 (bright bars for general engineering purposes). Typical applications: Used for springs, blades, wear plates, hand tools, shafts, and cutting components..

Equivalent / Similar Grades (7)

Grade	Standard	Region
080M50	BS 970 (Part 3)	UK
XC60	NF A35-552	France
SWRH62B	JIS G3506	Japan
EN8D	BS 970 (Part 1)	UK
55	GB/T 699	China
50C8	IS 5517	India
55C8	IS 5517	India

Chemical Composition (%)

C	Si	Mn	P	S
0.50-0.60	0.10-0.40	0.50-0.90	<=0.05	<=0.05