Steel prices rule steady in thin trade

| | Updated on: Jul 02, 2011

There was not much activity on the local steel and iron market today as prices continued to trade in a narrow range on lack of worthwhile buying activity and settled around previous levels.

Traders said lack of buying activity due to the rainy season mainly kept steel prices steady.

Following are today’s quotations (in Rs/tonne): CTD saria (Kamdhenu) 8-mm 43,500, 10-mm 42,800, 12-mm 42,100, 16-25 mm 42,300. Saria Jai Bharat (ISO 9002) 8-mm 39,650, 10 mm 38,850, 12-mm 38,050, 16-25 mm 38,050. Amba saria (ISO-9002) 8-mm 39,000, 10-mm 38,300, 12-mm 37,700, 16-25-mm 37,500.

Amba shakti: (TMT) 8-mm 41,200, 10 mm 41,300, 12 mm 40,700, 16 to 25 mm 40,900. MS Angle: (50x5) (50x6) 33,000, (40x5) (40x6) 33,500. Angle capital (ISI) (40X5) (40x6) 36,900, (35X5) (65X6) 33,900. Garder (joist) (150x75) 33,500 (175x85) 32,500 (200x100) 33,300 (125x70) 33,600. T-IRON (40X5)(40X6)(50X6) 33,500.

Published on July 02, 2011

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