Steel prices remain steady in thin trade

NEW DELHI, Nov 2:  There was not much activity on the local steel market today as prices continued to trade in a tight range on lack of worthwhile activity from constructions units and settled around previous levels.

Traders said lack of worthwhile activity from constructions units mainly kept steel prices unchanged.

The following are today’s quotations per tonne:

Saria Kamdhenu: 8-mm 49,600, 10-mm 48,200, 12-mm 47,200, 16-25 mm 47,800.

Saria Jai Bharat (TMT): 8-mm 45,700, 10 mm 45,400, 12-mm 44,700, 16-25 mm 44,800.

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) 36,900. Girder 125X65 41,000. (PTI)