Steel prices remain flat in thin trade

By Press Trust of India
New Delhi Feb 23, 2011, 15:57

Quiet conditions prevailed in the local steel and iron market today as prices continued to move in a limited range on restricted buying and settled around previous levels.

Traders said restricted buying activity against adequate stocks kept steel prices steady.

Following are today's quotations in Rs per tonne:

CTD saria (Kamdhenu) 8-mm 41,700, 10-mm 43,400, 12-mm 42,100, 16-25 mm 39,950

Saria Jai Bharat (ISO 9002) 8-mm 39,150, 10 mm 38,350, 12-mm 37,550, 16-25 mm 37,550

Amba saria (ISO-9002) 8-mm 38,000, 10-mm 37,300, 12-mm 36,700, 16-25-mm 36,500

Amba shakti: (TMT) 8-mm 37,000, 10 mm 36,000, 12 mm 35,400, 16 to 25 mm 35,200

M S Angle: (50x5) (50x6) 33,000, (40x5) (40x6) 33,500

Angle capital (ISI) (40X5) (40x6) 36,900, (35X5) (65X6) 33,900

Garder (joist) (150x75) 33,500 (175x85) 32,500 (200x100) 33,300 (125x70) 33,600

T-IRON (40X5)(40X6)(50X6) 33,500

(sourced:business standard)