Steel prices end steady in thin trade

There was not much activity on the local steel market today in the absence of worthwhile activity and prices ended at previous levels.

The volume of business was restricted.

Traders said absence of buying by stockists due to slowdown in constructions activity mainly kept steel prices unchanged.

The following are today's quotations per tonne:

Saria Kamdhenu: 8-mm 48,800, 10-mm 47,400, 12-mm 46,400, 16-25 mm 47,000

Saria Jai Bharat (TMT): 8-mm 45,800, 10 mm 45,500, 12-mm 44,700, 16-25 mm 44,900.

Amba shakti (TMT): 8-mm 45,500, 10-mm 43,200, 12-mm 42,200, 16-25 mm 42,700.

MS Angle: (50x5) (50x6) 42,000, (40x5) (40x6) 42,800.

Angle Capital (ISI) (40X5) (40x6) 43,800, (35X5) (65X6) 36,900. Girder 125X65 41,000.