Steel prices steady in thin trade

Quiet conditions persisted on the local steel market today as prices moved in a narrow range on lack of worthwhile activity from constructions units and settled around previous levels.

Traders said absence of worthwhile activity from construction units mainly kept steel prices quiet.

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.