Steel prices remain steady in quiet trade

Steady conditions developed in the local steel market today, as steel traded in a range-bound fashion on the absence of worthwhile activity, and prices settled around previous levels.
Traders said restricted buying against adequate stocks positions kept steel prices around previous levels.
Following are today's quotations in Rs per tonne:
CTD saria (Kamdhenu) 8-mm, 40,600, 10-mm, 40,300, 12-mm 39,000, 16-25 mm 36,850
Saria Jai Bharat (iso 9002) 8-mm 38,650, 10 mm 37,850, 12-mm 37,050, 16-25 mm 37,050
Amba saria (iso-9002) 8-mm 37,300, 10-mm 36,300, 12-mm 35,700, 16-25-mm 35,500
Amba shakti: (TMT) 8-mm 36,300, 10 mm 35,300, 12 mm 34,700, 16 to 25 mm 34,500
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: Aug 16 2010 | 3:40 PM IST
