(b) Elastic limit as determined by extensometer, shall not exceed 70 percent of tensile strength for class I steel or 85 percent of tensile strength for class II and class III steel. Determination shall be made at cross head speed of not more than 0.125 inch per minute with an extensometer reading to 0.0002 inch. The extensometer shall be read at increments of stress not exceeding 5,000 psi. The stress at which the strain first exceedsSTRESS (PSI) /30,000,000 (PSI) + 0.005 (INCHES PER INCH)
shall be recorded as the elastic limit.
(1) Elongation shall be at least 18 percent and reduction of area at least 35 percent.Note 1: Upon approval, the ratio of elastic limit to ultimate strength may be raised to permit use of special alloy steels of definite composition that will give equal or better physical properties than steels herein specified.