Metric equivalent to an SAE Grade 2 is a 4.8.
Metric fastener strengths are named property Class and not grade. Even so, the Property Classes are roughly equivalent to the SAE Grade system. The following provides some examples.
Metric Grades
Property Class*****************SAE Grade
4.6****************************Grade 1
4.8****************************Grade 1
4.8****************************Grade 2
8.8****************************Grade 5
9.8**************************9% Stronger
10.9***************************Grade 8
11.9***************************NONE
12.9***************************ASTM A574
The easiest way to tell a metric fastener Property Classis by looking at the fastener for a numeric designation. These decimal numbers will be marked on the hex head or on the top or side of a socket head fastener.