Steel prices remain steady in tight movements

NEW DELHI, Sept 20:  Steady conditions persisted at the local steel market today as prices continued to move in a tight range in the absence of buying support and settled around previous levels.
Traders said absence of buying support from construction and engineering units mainly kept steel prices quiet.
Following are today’s quotations (in Rs per tonne):
Saria Kamdhenu: 8-mm 50,000, 10-mm 49,500, 12-mm 47,100, 16-25 mm 47,800.
Amba shakti (TMT): 8-mm 45,700, 10-mm 43,400, 12-mm 42,400, 16-25 mm 42,500.
MS Angle: (50×5) (50×6) 42,000, (40×5) (40×6) 42,800.
Angle Capital (ISI) (40X5) (40×6) 44,100, (35X5)(65X6) 44,600. Girder 125X65 41,000. (PTI)

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