Tight movements in steel price in thin trade
Reasons include absence of worthwile activity from construction units amid tight fund positions
 "Capacity utilisation falls for RINL, JSW Steel and JSPL")
There was not much activity at the steel market in the national capital today as prices moved in a narrow range in limited deals and settled around previous levels.
Traders said absence of worthwhile activity from construction units amid tight fund positions, mainly kept steel prices unaltered.
Following are today's quotations (in Rs per tonne):
Saria Kamdhenu: 8-mm Rs 38,500, 10-mm Rs 36,700, 12-mm Rs 36,100, 16-25 mm Rs 36,100.
MS Angle: (50x5) (50x6) Rs 42,000, (40x5) (40x6) Rs 42,800.
Angle Capital (IS) (40X5) (40x6) Rs 44,100, (35X5)(65X6) Rs 44,600, Girder (125X65) Rs 41,000.
Traders said absence of worthwhile activity from construction units amid tight fund positions, mainly kept steel prices unaltered.
Following are today's quotations (in Rs per tonne):
Saria Kamdhenu: 8-mm Rs 38,500, 10-mm Rs 36,700, 12-mm Rs 36,100, 16-25 mm Rs 36,100.
MS Angle: (50x5) (50x6) Rs 42,000, (40x5) (40x6) Rs 42,800.
Angle Capital (IS) (40X5) (40x6) Rs 44,100, (35X5)(65X6) Rs 44,600, Girder (125X65) Rs 41,000.
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First Published: Jun 21 2016 | 3:17 PM IST