Welds are much stronger than the parent metals being joined together. The weakness is around the edge of the welded area where heat has affected the parent metal. In a collison the weakest part isn't the weld as that would remain intact if welded correctly. The weakest point would be around the edge of the weld where it meets the parent metal which would normally result in a crack running alongside the weld which would be prone to shearing the thin sheeting used on vehicles.
High tensile bolts is a much stronger method of securing the tank frame to the vehicle. Even Using solid rivets spread at a minimum interval to prevent shearing or spliting of the parent metal would be a better idea than welding as used on the old steam boiler tanks.
Also, using mild steel is a bad idea because from day one it will start rusting unless treated with red lead paint which I believe is now banned so it would have to be galvanised with a suitable coating. Angle iron really isn't strong enough as it will twist and distort the frame completely out of shape in a collison.
I would rather dangle 8stories off a building welding an external staircase or whatever onto a building like I have in the past than weld a frame into a van.
