Steel prices remain steady in thin trade

Jan 07 2013, 15:15 IST
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SummarySteady conditions prevailed on the local steel market today as prices trade in a narrow range.

Steady conditions prevailed on the local steel market today as prices trade in a narrow range in the absence of buying support and settled around previous levels.

Marketmen said absence of buying support from constructions units mainly kept steel prices steady.

The following are today's quotations per tonne: CTD saria (Kamdhenu): 8-mm 49,500, 10-mm 48,000, 12-mm 47,000, 16-25 mm 47,600.

Saria Jai Bharat (TMT): 8-mm 45,100, 10 mm 44,800, 12-mm 44,100, 16-25 mm 44,400.

Amba shakti (TMT): 8-mm 45,400, 10-mm 43,100, 12-mm 42,100, 16-25 mm 42,600.

MS Angle: (50x5) (50x6) 42,000, (40x5) (40x6) 42,800. Angle Capital (ISI) (40X5) (40x6) 43,800, (35X5) (65X6) 33,900. Girder 125X65 RS 39,300.

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