Steel prices remain steady

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Steady conditions prevailed in the local steel and iron market today in the absence of worthwhile activity amid tight funds position. Steel prices settled around previous levels after moving in a narrow range.
Market analysts said restricted buying against adequate stocks mainly kept steel prices unaltered.
Following are today's quotations per tonne:
CTD saria (Kamdhenu) 8-mm 41,800, 10-mm 43,500, 12-mm 42,200, 16-25 mm 40,050.
Saria Jai Bharat (ISO 9002) 8-mm 39,150, 10 mm 38,350, 12-mm 37,550, 16-25 mm 37,550.
Amba saria (ISO-9002) 8-mm 38,000, 10-mm 37,300, 12-mm 36,700, 16-25-mm 36,500.
Amba shakti: (TMT) 8-mm 37,000, 10 mm 36,000, 12 mm 35,400, 16 to 25 mm 35,200.
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: Mar 17 2011 | 2:51 PM IST