Steel prices remain stable

Activity remained restricted as traders preferred to defer their buying or selling following increase in excise and service tax rates to 12 per cent each in Budget.

Traders said steel prices may go up in the coming days after the budgetary proposals.

The following are today’s quotations per tonne:

CTD saria (Kamdhenu): 8-mm 47,200,10-mm 47,500,12-mm 46,900,16-25 mm 46,500.

Saria Jai Bharat (TMT): 8-mm 45,900,10 mm 45,100,12-mm 44,400,16-25 mm 44,700.

Amba shakti (TMT): 8-mm 41,900,10-mm 41,000,12-mm 40,400,16-25 mm 40,800.

MS Angle: (50×5) (50×6) 33,000,(40×5) (40×6) 33,500.

Angle Capital (ISI) (40X5) (40×6) 36,900,(35X5) (65X6) 33,900. Girder 125X65 RS 39,300.