Steel remains quiet in thin trade

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

Traders said lack of worthwhile activity as demand from construction and engineering units remained negligible, mainly kept steel prices unchanged.

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

Saria Kamdhenu: 8-mm 50,200, 10-mm 49,700, 12-mm 47,300, 16-25 mm 48,000.

Saria Jai Bharat (TMT): 8-mm 44,700, 10-mm 43,200, 12-mm 41,700, 16-25 mm 45,100.

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.