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Steel prices remain flat in thin trade

NEW DELHI, Feb 1: The local steel market remained flat today as prices continued to trade in a tight range on lack of worthwhile activity and settled around previous levels.

Traders said lack of worthwhile activity from construction units mainly mainly kept steel prices flat.

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. (AGENCIES)

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