Steel prices stay flat on tight movements

Steady conditions prevailed at the wholesale steel market in the national capital today as prices of saria and other steels moved in a narrow range on little activity and settled at last levels.

Traders said adequate stock position against restricted buying activity mainly kept prices steady.

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

Saria Kamdhenu: 8-mm Rs 46,300, 10-mm Rs 45,800, 12-mm Rs 43,400, 16-25 mm Rs 44,100.

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

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

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