Steel ends flat on absence of buying support

Not much trading activity was seen in the local steel market today as prices continued to trade in a tight range in the absence of buying support and settled around their previous levels.

Traders said the absence of buying support against adequate stock availability mainly left steel prices unaltered.  

The following are today's quotations in Rs per tonne:  

CTD saria (Kamdhenu): 8-mm 44,200, 10-mm 43,500, 12-mm 42,800, 16-25 mm 43,300
Saria Jai Bharat (TMT): 8-mm 44,800, 10 mm 44,000, 12-mm 43,200, 16-25 mm 43,600

Amba shakti (TMT): 8-mm 41,200, 10 mm 40,300, 12 mm 39,700, 16 to 25 mm 40,100
M S Angle: (50x5) (50x6) 33,000, (40x5) (40x6) 33,500

 

Angle capital (ISI): (40X5) (40x6) 36,900, (35X5) (65X6) 33,900, girder (125X65) 39,300