Steel prices remain flat in narrow movements

NEW DELHI:Quiet conditions persisted on the local steel market on Tuesday as prices continued to move in a narrow range in limited deals and settled around previous levels.


Traders said scattered demand from constructions and engineering units mainly kept steel prices steady.

The following are on Tuesday'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.