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Mild steels is best for reinforcing the existing TMT bars, mild steel are weaker, low tensile strength, can easily crack when bent and is generally not used in construction nowadays.
This difference comes from the amount of carbon in the two bars. HYSD is a specialist construction bars, they come in different grades such as FE415,FE500, FE550 and FE600.
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Mild steel, also called plain-carbon steel, is the most common form of steel ... Mild steel has a relatively low tensile strength, but it is cheap and malleable;
HYSD is used where tensile strength requirements are high. HYSD is more brittle depending on the carbon content.