Steel prices remain quiet in thin trade

NEW DELHI: Quiet conditions persisted at the local steel market today as saria and other steels continued to move in a narrow range in the absence of buying support and settled around previous levels.

Traders said absence of buying support mainly kept steel prices unaltered.

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 45,800, 10 mm 45,500, 12-mm 44,700, 16-25 mm 44,900.

Amba shakti (TMT): 8-mm 45,500, 10-mm 43,200, 12-mm 42,200, 16-25 mm 42,700.