Steel prices remain quiet in thin trade

 

NEW DELHI, Sept 14:  Quiet conditions prevailed on the local steel market today as prices continued to move in a narrow range on lack of worthwhile activity following absence of demand from construction units and settled around previous levels.

The volume of business also dropped.

The following are today’s quotations per tonne:

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 45,400, 10 mm 45,100, 12-mm 44,400, 16-25 mm 44,500.

Amba shakti (TMT): 8-mm 45,400, 10-mm 43,100, 12-mm 42,100, 16-25 mm 42,600.

MS Angle: (50×5) (50×6) 42,000, (40×5) (40×6) 42,800.

Angle Capital (ISI) (40X5) (40×6) 43,800, (35X5) (65X6) 33,900. Girder 125X65 39,300. (PTI)

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