Steel prices remain quiet in thin trade

Jan 31 2013, 15:20 IST
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SummaryTraders said absence of buying activity due to slowdown in constructions activity.

Quiet conditions persisted in the local steel market today as prices continued to be asked around previous levels in scattered deals.

Traders said absence of buying activity due to slowdown in constructions activity, mainly kept steel prices unchanged.

The following are today's quotations per tonne: CTD saria (Kamdhenu): 8-mm 48,800, 10-mm 47,300, 12-mm 46,300, 16-25 mm 46,900.

Saria Jai Bharat (TMT): 8-mm 45,100, 10 mm 44,800, 12-mm 44,100, 16-25 mm 44,400.

Amba shakti (TMT): 8-mm 45,400, 10-mm 43,100, 12-mm 42,100, 16-25 mm 42,600.

MS Angle: (50x5) (50x6) 42,000, (40x5) (40x6) 42,800. Angle Capital (ISI) (40X5) (40x6) 43,800, (35X5) (65X6) 33,900. Girder 125X65 RS 39,300.

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