Steel prices move in narrow range

NEW DELHI, June 22:  There was not much activity on the local steel market today as steel prices continued to move move in a narrow range in the absence of buying support and settled around previous levels.
Traders said absence of buying support from constructions units against adequate stocks mainly kept steel prices steady.
The following are today’s quotations per tonne:
Cu): 8-mm 48,800, 10-mm 47,300, 12-mm 46,300, 16-25 mm 46,900.
Saria Jai Bharat (TMT): 8-mm 45,400, 10 mm 45,100, 12-mm 44,400, 16-25 mm 44,700.
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)