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This is an archive article published on February 14, 2012

Steel prices remain flat in thin trade

Traders said lack of worthwhile buying support from engineering units and slowdown in construction kept steel prices unchanged.

There was not much activity in the local steel market today as prices moved in a narrow range on lack of worthwhile buying support from constructions units,settled around previous levels.

Traders said lack of worthwhile buying support from engineering units and slowdown in constructions activity mainly kept steel prices unchanged.

The following are today’s quotations per tonne: CTD saria (Kamdhenu): 8-mm 46,100,10-mm 46,300,12-mm 44,800,16-25 mm 45,400. 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: (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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