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Mild Steel Plate Price Trends
Procurement Resource provides latest prices of Mild Steel Plate. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Chart Description:
Procurement Resource provides prices of Mild Steel Plate for several regions around the globe, which are as follows:
- North America
- South America
- Europe
- Asia Pacific
- Middle East
- Africa
About Mild Steel Plate:
Mild Steel Plate is a kind of carbon steel plate containing low amount of carbon. Mild steel is also called as “low carbon steel” as the amount of carbon found in mild steel ranges from 0.05% to 0.25% by weight as opposed to high carbon steel, which contains 0.30% to 2.0% carbon. It is different from alloy steel and does not contain large amount of alloying elements other than iron. Owing to the presence of low carbon, it is more ductile, weldable, and machinable as compared to carbon and other steels. Mild steel is a general purpose steel that is used in most things starting from table frames to cargo ships.
Synonyms:
- M.S. plates
- Low carbon steel plates
Industrial Uses:
- Flanging and forming
- Fabrication
- Atmospheric corrosion resistance products
- Boilers and pressure vessels
- Penstock
- Ship building
- Oil and gas equipments
- Automobile body parts
- Pipeline manufacturing
- Industrial flooring
- Galvanizing pots
- Engineering application
Production Processes:
- Production of Mild Steel Plate via
Production of Mild Steel Plates generally involve three major steps, viz. primary steelmaking, secondary steelmaking, and casting. Iron ore, coke and lime are obtained and melted together in a blast furnace to produce virgin steel. Once melted, the mixture is transferred to another furnace to remove impurities and make other adjustments to steel’s chemical composition with the addition of carbon and other elements, thus producing mild steel. Then, the obtained product is allowed to solidify into a rectangular shape, which is subsequently brought down to the desired size via hot rolling, cold drawing, etc.
Supplier Database:
- POSCO
- Hico Multifin Products Private Limited
- Gravita India Ltd
- Canada Metal North America Ltd
- Jamestown North America
- Boliden Group
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Methodology:
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).