Steel prices remains steady in thin trade

Steady conditions prevailed at the local steel market today as prices moved in a narrow range on lack of worthwhile buying activity and settled around previous levels.

Traders said lack of worthwhile buying activity from construction units mainly kept steel prices steady.

The following are today's quotations per tonne:

Saria Kamdhenu: 8-mm 48,300, 10-mm 46,900, 12-mm 45,900, 16-25 mm 46,500

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.