Permissible Stresses:
As stated, the permissible stress in axial tension (σat) in steel is obtained by applying a factor of safety of the 1.67 to the minimum yield strength σy.
Thus, we get
σat = σ y/1.67 = 0.6 σ y
For common structural mild steel (IS: 226 -1975), the minimum yield strength (σy) is 250 MPa. Hence, σat = 0.6 fy = 150 MPa.
This is used for members with thickness less than 20 mm. For thicker sections this value is slightly reduced.
For 20 < t ≤ 40 mm : σat = 144 MPa, and
For t > 40 mm : σat = 138 MPa
However, for ordinary structural sections t ≤ 20 mm hence σat can be taken as 150 MPa.