Steel prices remain subdued in thin trade

Marketmen said absence  of worthwhile activity from construction units mainly kept steel prices unaltered.

Steel prices remain subdued in thin trade
Steel prices continued to trade in a tight range in the absence of buying support and settled at previous levels. Image source: Reuters
By PTI
Updated: Sat, Jan 27, 2018
02:55 pm
PTI
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Quiet conditions persisted at the local steel market in the national capital today as prices continued to trade in a tight range in the absence of buying support and settled at previous levels.

Marketmen said absence of worthwhile activity from construction units mainly kept steel prices unaltered.

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

Saria Kamdhenu: 8-mm Rs 44,000, 10-mm Rs 43,400, 12-mm Rs 43,100, 16-25 mm Rs 43,100.

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.