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This is an archive article published on January 7, 2012

Steel prices remain flat in thin trade

Traders said sluggish demand from constructions units following adverse weather conditions mainly kept steel prices unaltered.

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The local steel market ended on a flat note today as prices continued to trade in a tight range on subdued demand and settled around previous levels.

Traders said sluggish demand from constructions units following adverse weather conditions mainly kept steel prices unaltered.

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

CTD saria (Kamdhenu): 8-mm 46,500,10-mm 46,700,12-mm 45,200,16-25 mm 45,800.

Saria Jai Bharat (TMT): 8-mm 45,100,10 mm 44,300,12-mm 43,600,16-25 mm 43,900.

Amba shakti (TMT): 8-mm 41,500,10-mm 40,600,12-mm 40,000,16-25 mm 40,400.

MS Angle: (50×5) (50×6) 33,000,(40×5) (40×6) 33,500.

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

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