Steel prices remain quiet in thin trade

NEW DELHI: Quiet conditions persisted on the local steel market as prices continued to move 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: CTD saria (Kamdhenu): 8-mm 49,300, 10-mm 47,800, 12-mm 46,800, 16-25 mm 47,400.

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.