Steel prices remain flat in thin trade

NEW DELHI, Jan 25:  The local steel market remained flat today as prices continued to move in a tight range in scattered deals and settled around previous levels.

Traders said scattered deals from construction units 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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