Steel prices remain quiet in thin trade

NEW DELHI: Quiet conditions persisted at the local steel market today as prices moved in a narrow range in scattered deals and settled around previous levels.

Traders said scattered deals against adequate stocks position mainly kept steel prices quiet.

The following are today's quotations per tonne: Saria Kamdhenu: 8-mm 49,600, 10-mm 48,200, 12-mm 47,200, 16-25 mm 47,800.

Saria Jai Bharat (TMT): 8-mm 45,700, 10 mm 45,400, 12-mm 44,700, 16-25 mm 44,800.

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) 36,900. Girder 125X65 41,000.