Steel prices remain steady

NEW DELHI: Quiet conditions continued to prevail on the local steel market on Wednesday with saria and other steels, after moving in a tight range on some support, closed at previous levels.

Traders said absence of buying support from construction and engineering units mainly kept steel prices unaltered.

The following are on Wednesday's quotations per tonne: CTD saria (Kamdhenu): 8-mm 48,700, 10-mm 47,200, 12-mm 46,200, 16-25 mm 46,800.

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.