Steel prices remain steady

The local steel market remained steady today as prices continued to trade in a restricted range on negligible enquiries from constructions units and settled around previous levels.

Traders said negligible enquiries from construction units against adequate stocks position mainly kept steel prices unaltered.

Following are today's quotations (in Rs per tonne):

Saria Kamdhenu: 8-mm 49,900, 10-mm 49,400, 12-mm 47,000, 16-25 mm 47,700.

Amba shakti (TMT): 8-mm 45,700, 10-mm 43,400, 12-mm 42,400, 16-25 mm 42,500.

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

Angle Capital (ISI) (40X5) (40x6) 44,100, (35X5)(65X6) 44,600. Girder (125X65) 41,000.