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Steel prices remain steady in thin trade

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Press Trust of India New Delhi

Quiet conditions were seen on the local wholesale steel market today with prices after moving in a tight-range on some deals, closed around previous closing.   

Arrivals and offtake too remained at a low ebb and volume of business restricted.

Traders said absence of worthwhile activity amid tight money market conditions mainly kept steel prices unaltered. 

Following are today's quotations per tonne: 

CTD saria (Kamdhenu) 8-mm 43,700, 10-mm 43,000, 12-mm 42,300, 16-25 mm 42,500
Saria Jai Bharat (ISO 9002) 8-mm 39,650, 10 mm 38,850, 12-mm 38,050, 16-25 mm 38,050

Amba saria (ISO-9002) 8-mm 39,000, 10-mm 38,300, 12-mm 37,700, 16-25-mm 37,500
Amba shakti: (TMT) 8-mm 41,200, 10 mm 41,300, 12 mm 40,700, 16 to 25 mm 40,900

 

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) 32,500 (200x100) 33,300 (125x70) 33,600
T-IRON (40X5)(40X6)(50X6) 33,500

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First Published: May 27 2011 | 2:15 PM IST

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