I stayed at a buddy's place this weekend, and he's got some steel from me on his home range. One plate is an old piece of mild steel I scrounged for him, the other was a 3/8" AR500 target I gave him.
I took the opportunity to take a couple photos and write down my observations, because I typically never have mild steel on my ranges.
The targets have been up for about a year. It's a pistol range, but occasionally a rifle sneaks onto it. When something other than a non-magnum pistol caliber is used on the range, he's careful to make sure it only goes at the AR500 target. As a result, the mild steel target is holding up very well, but the difference between the two is obvious when you look at it close.
1" mild steel rectangle on left is approximately 15x20". The target on the right is an IPSC Metric less the D-zone, in 3/8" AR500. Hung with 1/4" chains against a railroad tie backstop (basically no swing).
As of May 5, 2014, targets have been hung for about one year. A total of approximately 2,000 rounds fired down range, the majority of which are 40S&W.
Closeup of mild steel plate. Visible impacts are all 9mm, 40S&W, and 45ACP. On this private range owned by a law enforcement officer, pistols are used as close as seven yards.
Closeup of AR500. Visible impacts are from 5.56x45 at 75 yards and 357 mag from a 16" barrel (lever action) at 25 yards.
Places paint has been removed and repainted with no impact mark are from 9mm, 40S&W, and 45ACP.
There ya go. Thought you guys might enjoy this. As always, use common sense. I personally wouldn't have mounted these the same way that my buddy did, there isn't enough forward angle, it's against a hard backstop so it can't swing, and he shoots at it closer than I recommend.