Prices remain flat at steel market

NEW DELHI: Lethargic conditions continued to prevail on the wholesale steel and iron market on Friday as most of prices continued to trade in a tight-range on some deals, settled around previous closing.

Arrivals and offtake too remained at a low ebb and volume of business poor.

Traders said negligible buying or selling by stockists due to rainy season against adequate stocks mainly kept prices unmoved.

Following were today's quotations per tonne:

CTD saria (kamdhenu) 8-mm, 27,450, 10-mm, 26,950, 12-mm 26,300, 16-20 mm 27,450 and 25-mm Rs 27,400.

Rathi tor steel : 8-mm 27,100, 10-mm 26,600, 12-mm 25,900, 16-20 mm 26,300 and 25-32 mm 26,400.

Saria Jai bharat (iso 9002) 8-mm 27,400, 10 mm 27,000 12-mm 26,400, 16 to 25 mm 26,800-26,900.

Amba saria (iso-9002) 8-mm 26,600, 10-mm 26,300, 12-mm 25,900, 16-20-mm 26,100, 25mm 26,200.

Amba shakti: (TMT) 8mm 27,300, 10 mm 26,500, 12 mm 25,900, 16 to 25 mm 26,100-26,200.

M S Angle: (50x5) (50x6) 24,500, (25x3) (32x3) (40x3) 25,500, (40x5) (40x60) 24,700. Angle capital (ISI) (50X5) (50X6) 25,000, (40X5) (40x6) 531,400, (35X5) (65X6) 25,200.

Girder (joist) (150x75) 26,500 (175x85) 26,700 (200x100) 23,500 (125x70) 26,800. T-IRON (40X5) (40X6)(50X6) 22,400.

Ingot and Scrap: Mill heavy 17,000-17,100 Turning boring 15,750-15,850, Cast Iron 17,100-17,200, Motor parts 13,300-13,400, Rail re-rolling 15,200-15,300 and ingot Bhivari 17,900.