Steel prices remain steady in thin trade

Quiet conditions persisted on the local steel market today as prices moved in a narrow range in the absence of buying support and settled around previous levels.

Traders said absence of buying support from constructions units mainly kept steel prices unaltered.

The following are today's quotations per tonne:

Saria Kamdhenu: 8-mm 49,100, 10-mm 47,700, 12-mm 46,700, 16-25 mm 47,300

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.