Steel prices remain steady in thin trade

NEW DELHI: In thin trading, prices remained steady in the local steel market today as prices moved in a narrow range on lack of inquiries from constructions units due to ongoing rains.

Traders said lack of inquiries from constructions units due to ongoing rains mainly kept steel prices steady.

The following are today's quotations per tonne: CTD saria (Kamdhenu): 8-mm 52,200, 10-mm 50,100, 12-mm 49,900, 16-25 mm 50,600.

Saria Jai Bharat (TMT): 8-mm 45,900, 10 mm 45,100, 12-mm 44,400, 16-25 mm 44,700.

Amba shakti (TMT): 8-mm 49,400, 10-mm 47,800, 12-mm 47,000, 16-25 mm 47,600.