Steel prices remain quiet in thin trade

NEW DELHI, Feb 25: There was not much activity at the steel market in the national capital today as prices continued to move in a narrow range in the absence of buying support and settled at previous levels.

Traders said absence of worthwhile activity from construction units against ample stocks position mainly kept steel prices unaltered.

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

Saria Kamdhenu: 8-mm Rs 39,000, 10-mm Rs 37,800, 12-mm Rs 37,800, 16-25 mm Rs 37,300.

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)