| JohnW - 7/11/2016 15:01
My guess is that a Grade 5 bolt would be the better of the two. A Grade 8 bolt would be even better. This link has the shear and tensile strength of various sizes of SAE sized bolts, rated in psi. Looks like either would do the job.
http://tinelok.com/grade-5-vs-grade-8-fasteners/
daltongeb - 7/11/2016 15:40
I would use stress proof, 115,000 psi tensil strength vs 85,000 for mild along with better resistance to fatigue. FWIW grade 5 bolts are approximately 120,000 psi, and grade 8 150,000 psi.
Tensile strength means nothing here, only shear strength. Tensile is how much pull it can take from one end to the other, since there will not likely even be a nut on the end, there will be zero tensile strain on the bolt.
Myself, I'd drill the holes bigger and use 1" cold rolled, that's what my 20 ton press uses. Better to be on the safe side when you get into an extreme press |