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Steel prices remain flat in thin trading

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Press Trust of India New Delhi
The local steel market remained steady today as prices continued to move in a narrow 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 unchanged.

Following are today's quotations (in Rs per tonne):

Saria Kamdhenu: 8-mm 49,900, 10-mm 49,400, 12-mm 47,000, 16-25 mm 47,700.

Amba shakti (TMT): 8-mm 45,700, 10-mm 43,400, 12-mm 42,400, 16-25 mm 42,500.

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

Angle Capital (ISI) (40X5) (40x6) 44,100, (35X5)(65X6) 44,600. Girder (125X65) 41,000.
 

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First Published: Jan 23 2015 | 2:40 PM IST

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