Steel prices remain flat in thin trade

NEW DELHI, Nov 5: Quiet conditions persisted at the steel market in the national capital today as prices continued to move in a tight range in the absence of buying support and settled around the previous levels.

Traders said ample stocks position against absence 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 36,700, 10-mm Rs 35,500, 12-mm Rs 35,500, 16-25 mm Rs 35,000.

MS Angle: (50×5) (50×6) Rs 42,000, (40×5) (40×6) Rs 42,800.

Angle Capital (IS) (40X5) (40×6) Rs 44,100, (35X5)(65X6) Rs 44,600, Girder (125X65) Rs 41,000. (PTI)