Steel prices remain flat in thin trade

NEW DELHI, Aug 13:  Steady conditions prevailed at the local steel market today as prices continued to move in a narrow range in the absence of worthwhile activity and settled around previous levels.
Traders said absence of demand from constructions and engineering units amidst paucity of funds mainly kept steel prices unaltered.
Following are today’s quotations (in Rs per tonne):
Saria Kamdhenu: 8-mm 50,200, 10-mm 49,700, 12-mm 47,300, 16-25 mm 48,000.
Amba shakti (TMT): 8-mm 45,700, 10-mm 43,400, 12-mm 42,400, 16-25 mm 42,500.
MS Angle: (50×5) (50×6) 42,000, (40×5) (40×6) 42,800.
Angle Capital (ISI) (40X5) (40×6) 44,100, (35X5)(65X6) 44,600. Girder 125X65 41,000. (PTI)

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