Steel prices remain quiet in thin trade

NEW DELHI, Aug 18: Quiet conditions persisted at the local steel market in the national capital today as prices continued to trade in a tight range and settled at previous levels.
Traders said ample stocks position against slowdown in construction activity in view of adverse weather conditions mainly kept steel prices at last levels.
Following are today’s quotations (in Rs per tonne):
Saria Kamdhenu: 8-mm Rs 50,000, 10-mm Rs 49,100, 12-mm Rs 47,300, 16-25 mm Rs 47,300.
MS Angle: (50×5) (50×6) Rs 42,000, (40×5) (40×6) Rs 42,800.
Angle Capital (IS) (40X5) (40×6) Rs 44,100, (35X5)(65X6) Rs 44,600, Girder (125X65) Rs 41,000. (PTI)