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Steel prices remain flat in thin trade

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Press Trust of India New Delhi

The local steel market remained flat today, as steel prices moved in a narrow range on subdued demand against adequate stocks positions and settled around previous levels.

Trading sentiment sluggish demand mainly kept steel prices around previous levels.

The volume of business also dropped considerably.

Following are today's quotations in Rs per tonne:

CTD saria (Kamdhenu) 8-mm, 40,600, 10-mm, 40,300, 12-mm 39,000, 16-25 mm 36,850
Saria Jai Bharat (iso 9002) 8-mm 38,650, 10 mm 37,850, 12-mm 37,050, 16-25 mm 37,050

Amba saria (iso-9002) 8-mm 37,300, 10-mm 36,300, 12-mm 35,700, 16-25-mm 35,500
Amba shakti: (TMT) 8-mm 36,300, 10 mm 35,300, 12 mm 34,700, 16 to 25 mm 34,500

 

M S Angle: (50x5) (50x6) 33,000, (40x5) (40x6) 33,500
Angle capital (ISI) (40X5) (40x6) 36,900, (35X5) (65X6) 33,900

Garder (joist) (150x75) 33,500 (175x85) 32,5000 (200x100) 33,300 (125x70) 33,600
T-IRON (40X5) (40X6)(50X6) 33,500

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First Published: Aug 14 2010 | 4:44 PM IST

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