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This is an archive article published on January 25, 2012

Steel prices remain steady in narrow movements

Traders said scattered enquiries against adequate stocks position mainly kept steel prices steady.

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In a range-bound trading,the local steel market remained steady today as prices moved in a narrow range and settled around previous levels.

Traders said scattered enquiries against adequate stocks position mainly kept steel prices steady.

The following are today’s quotations (in Rs per tonne):

CTD saria (Kamdhenu): 8-mm 46,600,10-mm 46,800,12-mm 45,300,16-25 mm 45,900.

Saria Jai Bharat (TMT): 8-mm 45,500,10 mm 44,700,12-mm 44,000,16-25 mm 44,300.

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.

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