Steel prices remain flat in thin trade

NEW DELHI, Feb 22: The local steel market remained flat today as prices continued to move in a tight range in the absence of buying support and settled around previous levels.
Traders said absence of buying support from construction units against adequate stocks position mainly kept steel prices unaltered.
The following are today’s quotations per tonne:
Saria Kamdhenu: 8-mm 48,400, 10-mm 47,000, 12-mm 45,500, 16-25 mm 46,200
Saria Jai Bharat (TMT): 8-mm 44,500, 10 mm 43,000, 12-mm 41,500, 16-25 mm 44,900.
Amba shakti (TMT): 8-mm 45,500, 10-mm 43,200, 12-mm 42,200, 16-25 mm 42,300.
MS Angle: (50×5) (50×6) 42,000, (40×5) (40×6) 42,800.
Angle Capital (ISI) (40X5) (40×6) 43,800, (35X5) (65X6) 36,900. Girder 125X65 41,000. (AGENCIES)