Steel prices remain flat in thin trade

NEW DELHI: The local steel market remained flat on Tuesday as prices continued to move in a tight range on lack of worthwhile buying activity from constructions units and settled around previous levels.


Traders said lack of worthwhile buying activity from constructions units mainly kept steel prices unchanged.

The following are on Tuesday's quotations per tonne: CTD saria ( Kamdhenu): 8-mm 48,700, 10-mm 47,200, 12-mm 46,200, 16-25 mm 46,800.

Saria Jai Bharat (TMT): 8-mm 45,100, 10 mm 44,800, 12-mm 44,100, 16-25 mm 44,400.

Amba shakti (TMT): 8-mm 45,400, 10-mm 43,100, 12-mm 42,100, 16-25 mm 42,600.

MS Angle: (50x5) (50x6) 42,000, (40x5) (40x6) 42,800. Angle Capital (ISI) (40X5) (40x6) 43,800, (35X5) (65X6) 33,900. Girder 125X65 39,300.