Steel prices remain flat in thin trade

The local steel and iron market ended on a flat note today, as prices moved in a narrow range on restricted buying activity and settled around previous levels.
Traders said restricted buying activity against adequate stocks mainly kept steel prices around previous levels.
Following are today's quotations in Rs per tonne:
CTD saria (Kamdhenu) 8-mm, 41,100, 10-mm, 42,800, 12-mm 41,500, 16-25 mm 39,350
Saria Jai Bharat (iso 9002) 8-mm 38,850, 10 mm 38,050, 12-mm 37,250, 16-25 mm 37,250
Amba saria (iso-9002) 8-mm 37,700, 10-mm 37,000, 12-mm 36,400, 16-25-mm 36,200
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) 32,5000 (200x100) 33,300 (125x70) 33,600
T-IRON (40X5)(40X6)(50X6) 33,500
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First Published: Feb 08 2011 | 3:36 PM IST

