Steel prices end steady in thin trade

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

Traders said absence of buying support from constructions units due to bad weather conditions mainly kept steel prices steady.

The following are today's quotations per tonne: Saria Kamdhenu: 8-mm 48,900, 10-mm 47,400, 12-mm 46,400, 16-25 mm 47,000.

Saria Jai Bharat (TMT): 8-mm 45,400, 10 mm 45,100, 12-mm 44,400, 16-25 mm 44,700.

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.