Steel prices remain quiet in thin trade

NEW DELHI, Apr 12:  Quiet conditions persisted on the local steel market today as prices continued to move in a tight range on lack of worthwhile activity and settled around previous levels.

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

The following were today’s quotations per tonne:

Saria Kamdhenu: 8-mm 48,800, 10-mm 47,400, 12-mm 45,900, 16-25 mm 46,600

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) q42,800.

Angle Capital (ISI) (40X5) (40×6) 43,800, (35X5) (65X6) 36,900. Girder 125X65 41,000. (PTI)