Steel prices remain quiet in thin trade

Quiet conditions persisted at the local steel market in the national capital today as prices continued to trade in a tight range and settled at previous levels.

Traders said ample stocks position against a slowdown in construction activity in view of adverse weather conditions mainly kept steel prices at last levels.

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

Saria Kamdhenu: 8-mm Rs 50,000, 10-mm Rs 49,100, 12-mm Rs 47,300, 16-25 mm Rs 47,300.

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 story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)