Steel prices remain steady in thin trade

PTI New Delhi | Updated on September 10, 2011

Steel coils

The local steel and iron market remained steady on Saturday as prices moved in a tight range in the absence of buying support and settled around previous levels.

Traders said absence of buying support from construction units against adequate stocks position mainly kept steel prices steady.

Following are today’s quotations:( in rupees a tonne): CTD saria (Kamdhenu) 8-mm 43,900, 10-mm 43,100, 12-mm 42,400, 16-25 mm 42,900. Saria Jai Bharat (TMT) 8-mm 44,800, 10-mm 44,000, 12-mm 43,200, 16-25 mm 43,600. Amba shakti: (TMT) 8-mm 41,400, 10-mm 40,500, 12 mm 39,900, 16 to 25 mm 40,300.

M S Angle: (50x5) (50x6) 33,000, (40x5) (40x6) 33,500. Angle capital (ISI) (40X5) (40x6) 36,900, (35X5) (65X6) 33,900. Garder 125X65 RS 39,300.

Published on September 10, 2011

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