Steel prices remain steady on dull demand

Quiet conditions persisted at the local steel market today as prices continued to trade in a tight range on dull demand from construction units and settled around previous levels.

Traders said negligible demand from construction and engineering units mainly kept steel prices unaltered.

The following are today's quotations per tonne:

Saria Kamdhenu: 8-mm 48,400, 10-mm 47,000, 12-mm 45,500, 16-25 mm 46,200

Saria Jai Bharat (TMT): 8-mm 44,500, 10 mm 43,000, 12-mm 41,500, 16-25 mm 44,900.

Amba shakti (TMT): 8-mm 45,500, 10-mm 43,200, 12-mm 42,200, 16-25 mm 42,300.

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.