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 lack of worthwhile buying activity and settled around previous levels.
Traders said adequate stocks against lack of worthwhile buying activity mainly kept steel prices unchanged.
Following are today's quotations in Rs per tonne:
CTD saria (Kamdhenu) 8-mm 41,700, 10-mm 43,400, 12-mm 42,100, 16-25 mm 39,950
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
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First Published: Feb 25 2011 | 4:02 PM IST

