Steel prices remain steady in thin trade

Posted By: Religare
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Steel prices remain steady in thin trade
On Saturday, since the prices carried on trading in a narrow range due to the absence of worthwhile buying activity and settled around the last levels, there was not much activity on the local steel and iron market.

The quotations per tonne are CTD saria (Kamdhenu) 8-mm which stood at Rs 43,500, 10-mm at Rs 42,800, 12-mm at Rs 42,100 and 16-25 mm stood at Rs 42,300 while the saria Jai Bharat (ISO 9002) 8-mm stood at Rs 39,650, 10 mm at Rs 38,850, 12-mm at Rs 38,050 and 16-25 mm stood at Rs 38,050.

Similarly, the amba saria (ISO-9002) 8-mm stood at Rs 39,000, 10-mm at Rs 38,300, 12-mm at Rs 37,700 and 16-25-mm stood at Rs 37,500.

The amba shakti: (TMT) 8-mm stood at Rs 41,200, 10 mm at Rs 41,300, 12 mm at Rs 40,700 and 16 to 25 mm stood at Rs 40,900 while M S Angle: (50x5) (50x6) stood at Rs 33,000 and (40x5) (40x6) stood at Rs 33,500.

The angle capital (ISI) (40X5) (40x6) stood at Rs 36,900 and (35X5) (65X6) stood at Rs 33,900 while garder (joist) (150x75) stood at Rs 33,500, (175x85) stood at Rs 32,500, (200x100) stood at Rs 33,300 and (125x70) stood at Rs 33,600.

Moreover, T-IRON (40X5)(40X6)(50X6) stood at Rs 33,500.

Read more about: steel, iron, commodities, mcx
Story first published: Monday, July 4, 2011, 13:30 [IST]
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