Steel prices remain flat in thin trade

NEW DELHI, Jan 23:  The local steel market remained flat today as prices continued to trade in a tight range in the absence of buying support and settled around previous levels.
Traders said absence of buying support against sufficient stocks position mainly kept steel prices unaltered.
The following are today’s quotations per tonne:
Saria Kamdhenu: 8-mm 48,100, 10-mm 46,700, 12-mm 45,700, 16-25 mm 46,400
Saria Jai Bharat (TMT): 8-mm 45,800, 10 mm 45,500, 12-mm 44,700, 16-25 mm 44,900.
Amba shakti (TMT): 8-mm 45,500, 10-mm 43,200, 12-mm 42,200, 16-25 mm 42,700.
MS Angle: (50×5) (50×6) 42,000, (40×5) (40×6) 42,800.
Angle Capital (ISI) (40X5) (40×6) 43,800, (35X5) (65X6) 36,900. Girder 125X65 41,000. (PTI)

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