Steel prices end steady in thin trade

NEW DELHI: Steady conditions prevailed on the local steel market on Monday as prices moved in a narrow range in the absence of buying support and settled around previous levels.

Traders said absence of buying support against sufficient stocks position mainly kept steel prices unaltered.

The following are on Monday's quotations per tonne: CTD saria ( Kamdhenu): 8-mm 49,000, 10-mm 47,500, 12-mm 46,500, 16-25 mm 47,100.

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.