Not much activity at local steel market, prices flat

There was not much activity at the local steel market in the national capital Friday with prices moving in a narrow range in limited deals and pegged at last levels.

Traders said adequate stocks position against scattered deals from construction units mainly kept steel prices around overnight levels.

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

Saria Kamdhenu: 8-mm Rs 49,800, 10-mm Rs 48,900, 12-mm Rs 47,100, 16-25 mm Rs 47,100.

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.