Steel prices remain steady in thin trade

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SummaryLocal steel market remained steady today with prices moving in a narrow range.

The local steel market remained steady today with prices moving in a narrow range in limited deals and settled around previous levels.

Traders said scattered demand from stockists due to slowdown in constructions units, mainly kept steel prices unaltered.

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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