Steel prices remain steady in thin trade

NEW DELHI: There was not much activity at the local steel market today as prices continued to trade in a tight range in limited deals and settled around previous levels.

Traders said scattered deals from construction and engineering units against adequate stocks position mainly kept steel prices unchanged.

Following are today's quotations (in Rs per tonne): Saria Kamdhenu: 8-mm 49,700, 10-mm 49,200, 12-mm 46,800, 16-25 mm 47,500.

Amba shakti (TMT): 8-mm 45,700, 10-mm 43,400, 12-mm 42,400, 16-25 mm 42,500.

MS Angle: (50x5) (50x6) 42,000, (40x5) (40x6) 42,800. Angle Capital (ISI) (40X5) (40x6) 44,100, (35X5)(65X6) 44,600. Girder 125X65 41,000.