Tight movements in steel prices in thin trade

Steady conditions prevailed on the local steel market today as saria and other steels traded in a narrow range in limited deals and settled around previous levels.

Traders said scattered deals against adequate stocks position mainly kept steel prices steady.

The following are today's quotations per tonne:

Saria Kamdhenu: 8-mm 48,800, 10-mm 47,400, 12-mm 46,400, 16-25 mm 47,000

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.