|Product Name||Mild Steel Plate|
|Synonyms||M.S. plates, Low carbon steel plates|
|Region/Countries for which Data is available||
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||Our services can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after service delivery|
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A mild steel plate is a kind of carbon steel that contains a small amount of carbon. Low carbon steel is the term given to mild steel because it has between 0.05% and 0.25% carbon by weight, while high carbon steel has between 0.30% and 2.0% carbon.
In contrast to alloy steel, mild steel plate contains fewer alloying elements than iron. Due to the low carbon content, it is more ductile, weldable, and machinable than carbon and other steels. From table frames to cargo ships, mild steel plate is a versatile metal that is used in a variety of goods.
China, Japan, India, Russia, the United States, and Korea are the main producers of mild steel plates.
Key Details About the Mild Steel Plate Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the mild steel plate price and coal price etc. in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The mild steel plate price trend, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Mild steel plate Price Trend:
The price trend for mild steel plate is influenced by its industrial applications, which include those in the automobile, building, energy generating, beverage, and paper industries. Additionally, it is used in furniture, fencing, and structural steel.
Key Market Players:
• Hico Multifin Products Private Limited
• Gravita India Ltd
• Canada Metal North America Ltd
• Jamestown North America
• Boliden Group
News and Events:
• February 2021: Tata Steel resumed the expansion of the cold-roll mill and pellet plant complex at Tata Steel Kalinganagar which was stopped because of the lockdowns. The Kalinganagar factory expansion from 3 million metric tons annually (mtpa) to 8 mpta, is estimated to cost about INR 25,000 crore.
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To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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