Steel prices remain flat in thin trade

Muted conditions persisted at the local steel market in the national capital today with prices moving in a narrow range in the absence of buying support and settled around previous levels.

Traders said adequate stocks position against lack of worthwhile activity from construction units, mainly kept steel prices unchanged.

Following are today's quotations (in Rs per tonne): Saria Kamdhenu: 8-mm Rs 40,000, 10-mm Rs 38,800, 12-mm Rs 38,800, 16-25 mm Rs 38,800.

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

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

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)