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Tight movements in steel in thin trade

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Press Trust of India New Delhi
Steady conditions prevailed on the local steel market today as saria and other steel after moving in a tight range in the absence of buying support and settled around previous levels.

Traders said absence of any worthwhile activity due to slowdown in constructions activity and negligible demand from engineering units, mainly kept steel prices unchanged.

Following are today's quotations per tonne:

Saria Kamdhenu: 8-mm 50,000, 10-mm 49,500, 12-mm 47,100,16-25 mm 47,800.

Saria Jai Bharat (TMT): 8-mm 44,700, 10 mm 43,200, 12-mm 41,700, 16-25 mm 45,100.

Amba shakti (TMT): 8-mm 45,700, 10-mm 43,400, 12-mm 42,400, 16-25 mm 42,500.

MS Angle: (50x5) (50x6) 42,000, (40x5) (40x6) 42,800.
 

Angle Capital (ISI) (40X5) (40x6) 43,800, (35X5) (65X6) 36,900. Girder 125X65 41,000.

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First Published: Jun 10 2014 | 3:38 PM IST

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