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According to the iron and steel industry in India, production is expected to grow this FY24 by 4-7% to 123-127 MT, and consumption is expected to increase by 230 MT by 2030-31 from 119.17 MT in FY23.
Mild Steel (MS) is used in various industries in India, such as construction, machinery and equipment manufacturing, automotive, infrastructure, and household appliances. Its versatility, affordability, and durability make it a preferred material in these industries.
In today's blog, we will explore how to source the best MS Plate Prices in India, the benefits, and where to find the best MS Plate online.
Definition of Mild Steel Plate
A Mild Steel Plate, also known as an MS Plate, is a flat structural steel product with a thickness typically ranging from 3mm to 150mm. Due to its versatility and affordability, it is used across various industries, such as construction projects, manufacturing machinery and equipment, automotive fabrication, infrastructure development, and household appliances.
It is one of the most common types of steel, made of an alloy of iron, carbon, and other trace elements with less than 0.25% carbon. The MS plate also contains other components like manganese, phosphorus, sulfur, and silicon, which makes it favourable for various mechanical properties, including ductility, weldability, and machinability.
Mild Steel plates are durable and strong, suitable for bearing heavy loads and enduring harsh environmental conditions, making them indispensable in modern engineering applications.
Tips on How to Find the Best MS Plate Prices in India
Here are some of the tips you can follow to find the best MS Plate prices in India. There are:
1. Research Online Suppliers
Use online platforms to discover a wide range of MS plate suppliers and look for an affordable MS plate price. See what these platforms are offering. Moreover, you can refine your search based on location and quantity.
When you look online, it helps you find the best MS plate available in the city by providing access to a wide range of suppliers and prices. According to your needs and budget, you can customise your search and monitor customer reviews to make informed purchasing decisions. You can also compare prices and specifications online to identify competitive offers.
2. Visit Local Steel Markets
Are you looking for the best Mild Steel Plate in your city?
Well, you can explore online and local steel markets in your area. This allows you to directly compare the MS Plate Prices and quality available online and with other steel shops. Additionally, local suppliers may offer better deals due to reduced transportation costs.
3. Take into Consideration the Discounts
Inquire about bulk discounts from suppliers, especially if you require a large quantity of MS plates. Many suppliers are willing to offer discounts for bulk orders, and negotiating prices based on volume can result in significant cost savings.
4. Factor in Quality Assurance
While price is important, don't compromise on quality. Ensure that your MS plates meet the required quality standards and certifications. Cheaper plates may sometimes be of inferior quality, leading to safety hazards or frequent replacements in the long run.
5. Evaluate Payment Terms
Consider the payment terms offered by different suppliers. Flexible payment options such as partial payments or payment upon delivery can help manage cash flow effectively. Choose suppliers that offer favourable payment terms without compromising on quality.
4 Benefits of Mild Steel Plate
MS plates are known for their durability, ease of welding, and longevity, making them the perfect steel type for various purposes. Let's look into the benefits of Mild Steel Plate and how the MS Plate prices fluctuate in the market. There are:
1. Durability
Unlike solid carbon steel, the strength of MS Plate is more than sufficient to create robust structures due to its longevity. Since 2008, the consumption of mild steel plate has increased by 80% due to its impressive strength. However, there is a fluctuation in MS Plate prices, but the value it provides is worth it.
2. Easy Welding
Compared to other steel, Mild Steel plates are well-known for their accessible welding properties, which facilitate seamless joining in diverse fabrication projects. The weldability features of MS plates simplify the welding process, ensuring efficient and precise construction and making them the perfect choice for welding applications.
3. Is Recyclable
MS Plates are 100% recyclable, making them an environmentally friendly component. So, whether you own old or discarded steel, you can easily reuse it and remelt it to make new ones.
4. Good Thermal Conductivity
Mild Steel plates have excellent thermal conductivity, facilitating the rapid and uniform transfer of heat. Its high conductivity properties enhance their suitability for applications demanding efficient heat dissipation or retention, such as construction, automotive, and machinery sectors.
Top 6 Mild Steel Plate Users in The Industry
According to a report from S&P Global Ratings, steel consumption in India is expected to grow by 8-10% by this FY 2024/2025. Between April 2023 and January 2024, steel consumption in India increased by 14.5% to 112.5 million tons.
Many industries use MS plates for various purposes. Here is the list of the top 6 MS Plate users in India. There are:
- The Indian Infrastructure Industry
- Industrial Machinery Industry
- Construction Industry
- Automotive Industry
- Naval Sector
MVIKAS: Buy Online MS Plate Prices in India at an Affordable Rate
Trying to find the best MS Plate suppliers in India can be daunting. That's why MVIKAS is here to offer you affordable MS Plate prices without compromising quality.
Here, we source from the best suppliers to help you get the quality Mild Steel Plate without having to deal with a middleman. Moreover, here, you can compare the prices of MS plates from different sources, allowing you to get the best steel for your work.
We offer various MS Plate sizes at the best prices, such as MS Plate 1500x6300x16MM, MS Plate 1250x4000x32MM, MS Plate 2000X2000X20MM, and MS Plate 1500x6300x16MM.
To find out the best MS Plate prices according to your budget, visit our website.
FAQs
- Why choose MVIKAS for MS Plate purchases in India?
MVIKAS offers affordable MS plate prices, ensuring affordability without compromising quality. With a wide range of MS plate options and easy and quick purchasing features, MVIKAS is your go-to platform for cost-effective Mild Steel Plate procurement. Also, we will deliver them to you across PAN India at just Rs. 39 and across the globe at just Rs. 450.
- Which are the Mild Steel Brands in India?
Here are some of the renowned brands offering high-quality MS plates in India. There are:
- JSPL
- JSW
- SAIL
- Tata
- RATHI
- Can I request customisations for MS plates to suit my project needs?
MVIKAS offers you customisation options according to your desired wants, whether it be the thickness of the Mild Steel Plates, dimensions, or surface finishes, at the best MS Plate prices in India.
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