NEW DELHI, Jan 11:Quiet conditions persisted on the local steel market today as prices moved in a narrow range in the absence of worthwhile activity due to slowdown in constructions activity and negligible demand from engineering units.
Traders said lack of worthwhile activity from constructions units due to adverse weather conditions mainly kept steel prices quiet.
The following are today’s quotations per tonne:
Saria Kamdhenu: 8-mm 48,300, 10-mm 46,900, 12-mm 45,900, 16-25 mm 46,500
Saria Jai Bharat (TMT): 8-mm 45,800, 10 mm 45,500, 12-mm 44,700, 16-25 mm 44,900.
Amba shakti (TMT): 8-mm 45,500, 10-mm 43,200, 12-mm 42,200, 16-25 mm 42,700.
MS Angle: (50×5) (50×6) 42,000, (40×5) (40×6) 42,800.
Angle Capital (ISI) (40X5) (40×6) 43,800, (35X5) (65X6) 36,900. Girder 125X65 41,000. (AGENCIES)
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