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This is an archive article published on January 24, 2012

Steel ends flat in thin trade

Traders said absence of buying support against adequate stocks position mainly kept steel prices unaltered.

The local steel market remained flat today as prices continued to move in a tight range in the absence of buying support and settled around previous levels.

Traders said absence of buying support against adequate stocks position mainly kept steel prices unaltered.

The following are today8217;s quotations in Rs per tonne:

CTD saria Kamdhenu: 8-mm 46,600,10-mm 46,800,12-mm 45,300,16-25 mm 45,900.

Saria Jai Bharat TMT: 8-mm 45,500,10 mm 44,700,12-mm 44,000,16-25 mm 44,300.

Amba shakti TMT: 8-mm 41,900,10-mm 41,000,12-mm 40,400,16-25 mm 40,800.

MS Angle: 50215;5 50215;6 33,000,40215;5 40215;6 33,500.

Angle Capital ISI 40X5 40215;6 36,900,35X5 65X6 33,900. Girder 125X65 RS 39,300.

 

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