Steel prices remain flat in thin trade

NEW DELHI, Dec 28: The local steel market remained flat today as prices moved in a tight range in the absence of buying support from construction units and settled around previous levels.
Marketmen said absence of buying support due to slowdown in constructions activity following adverse weather conditions mainly kept steel prices flat.
The following are today’s quotations per tonne:
CTD saria (Kamdhenu): 8-mm 49,100, 10-mm 47,600, 12-mm 45,600, 16-25 mm 46,800.
Saria Jai Bharat (TMT): 8-mm 45,100, 10 mm 44,800, 12-mm 44,100, 16-25 mm 44,400.
Amba shakti (TMT): 8-mm 45,400, 10-mm 43,100, 12-mm 42,100, 16-25 mm 42,600.
MS Angle: (50×5) (50×6) 42,000, (40×5) (40×6) 42,800.
Angle Capital (ISI) (40X5) (40×6) 43,800, (35X5) (65X6) 33,900. Girder 125X65 RS 39,300. (PTI)