Steel prices remain quiet in thin trade

NEW DELHI, Feb 8: Quiet conditions persisted at the local steel market today 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 sufficient supplies mainly kept steel prices quiet.
The following are today’s quotations per tonne:
Saria Kamdhenu: 8-mm 48,400, 10-mm 47,000, 12-mm 45,500, 16-25 mm 46,200
Saria Jai Bharat (TMT): 8-mm 44,500, 10 mm 43,000, 12-mm 41,500, 16-25 mm 44,900.
Amba shakti (TMT): 8-mm 45,500, 10-mm 43,200, 12-mm 42,200, 16-25 mm 42,300.
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. (AGENCIES)