Steel prices remain quiet in thin trade

Lethargic conditions persisted at the local steel market in the national capital on Saturday as prices continued to move narrow range in scattered deals and pegged at the last levels.

Marketmen said limited deals from construction units against sufficient stocks position mainly kept steel prices unaltered.

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

Saria Kamdhenu: 8-mm Rs 42,000, 10-mm Rs 41,400, 12-mm Rs 41,100, 16-25 mm Rs 41,100.

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.