Steel remains steady in thin trade

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The local steel market remained steady today as prices continued to trade in a tight range in the absence of buying support and settled around previous levels.
Traders said absence of buying support against adequate stocks mainly kept steel prices steady.
Following are today's quotations per tonne:
CTD saria (Kamdhenu) 8-mm 43,400, 10-mm 42,700, 12-mm 42,000, 16-25 mm 42,500
Saria Jai Bharat (ISO 9002) 8-mm 39,450, 10 mm 38,650, 12-mm 38,000, 16-25 mm 38,000
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: Aug 03 2011 | 3:38 PM IST