Steel prices remain quiet in thin trade

NEW DELHI, Aug 4: Weak conditions persisted at the local steel market in the national capital today as prices continued to trade in a tight range in limited deals and settled at previous levels.
Traders said, adequate stocks position against scattered deals from construction units, mainly kept steel prices unaltered.
Following are today’s quotations (in Rs per tonne):
Saria Kamdhenu: 8-mm Rs 49,800, 10-mm Rs 48,900, 12-mm Rs 47,100, 16-25 mm Rs 47,100.
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)