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Steel prices remain steady in thin trading

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Press Trust of India New Delhi
There was not much activity at the local steel market today as prices continued to trade in a tight range on lack of worthwhile activity from constructions units, settled around previous levels.

Traders said lack of worthwhile activity from construction and engineering units due to adverse weather conditions and tight funds position kept steel prices quiet.

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

Saria Kamdhenu: 8-mm 49,900, 10-mm 49,400, 12-mm 47,000, 16-25 mm 47,700.

Amba shakti (TMT): 8-mm 45,700, 10-mm 43,400, 12-mm 42,400, 16-25 mm 42,500.

MS Angle: (50x5) (50x6) 42,000, (40x5) (40x6) 42,800.

Angle Capital (ISI) (40X5) (40x6) 44,100, (35X5)(65X6) 44,600. Girder (125X65) 41,000.

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First Published: Jan 22 2015 | 2:46 PM IST

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