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H20Kid

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I am not a structural engineer; so I thought maybe I could get some help understanding the concepts of a project I am trying to complete. I am trying to get a rough estimate of a safe load capacity for a "lifting bar" .

The material itself is 1" diameter x 36" long 1045 steel bar. A lifting D- Ring will be centered on this bar as a lifting point.

Every equation that I have looked into shows deflection of beams supported at two ends with the load in the center... What is the appropriate way to determine how much load can safely be hoisted...Loads on the ends of the beam with a suspended center point V----------^----------V ??

Any help would be appreciated...want this to be as safe as possible