Steel prices remain flat in lacklustre trade

There was not much activity on the local steel market today as prices moved in a narrow range on lack of worthwhile buying support from constructions units and settled at last levels.

Traders said lack of worthwhile buying support from constructions units mainly kept steel prices flat.

The following are today's quotations per tonne:

Saria Kamdhenu: 8-mm 48,400, 10-mm 47,000, 12-mm 45,500, 16-25 mm 46,200

Saria Jai Bharat (TMT): 8-mm 44,500, 10 mm 43,000, 12-mm 41,500, 16-25 mm 44,900.

Amba shakti (TMT): 8-mm 45,500, 10-mm 43,200, 12-mm 42,200, 16-25 mm 42,300.

MS Angle: (50x5) (50x6) 42,000, (40x5) (40x6) 42,800.

Angle Capital (ISI) (40X5) (40x6) 43,800, (35X5) (65X6) 36,900. Girder 125X65 41,000.