Steel prices end steady in thin trade

NEW DELHI: The local steel market ended on a steady note today as prices moved in a narrow range on lack of worthwhile buying activity and settled around previous levels.

Traders said lack of worthwhile buying activity from constructions units against adequate stocks position mainly kept steel prices steady.

The following are today's quotations per tonne: CTD saria ( Kamdhenu): 8-mm 49,300, 10-mm 47,800, 12-mm 46,800, 16-25 mm 47,400.

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 39,300.