Steel prices remain quiet in thin trade

Explore Business Standard

Quiet conditions prevailed in the local steel and iron market today as prices moved in a tight range and settled around previous levels.
Market analysts said lack of worthwhile buying activity due to paucity of funds amid absence of demand mainly kept prices unchanged.
Following are today's quotations per tonne:
CTD saria (Kamdhenu) 8-mm 43,800, 10-mm 43,100, 12-mm 42,400, 16-25 mm 42,600
Saria Jai Bharat (ISO 9002) 8-mm 39,650, 10 mm 38,850, 12-mm 38,050, 16-25 mm 38,050
Amba saria (ISO-9002) 8-mm 39,000, 10-mm 38,300, 12-mm 37,700, 16-25-mm 37,500
Amba shakti: (TMT) 8-mm 41,200, 10 mm 41,300, 12 mm 40,700, 16 to 25 mm 40,900
M S Angle: (50x5) (50x6) 33,000, (40x5) (40x6) 33,500
Angle capital (ISI) (40X5) (40x6) 36,900, (35X5) (65X6) 33,900
Garder (joist) (150x75) 33,500 (175x85) 32,500 (200x100) 33,300 (125x70) 33,600
T-IRON (40X5)(40X6)(50X6) 33,500
First Published: May 07 2011 | 2:35 PM IST