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This is an archive article published on September 15, 2012

Steel remains flat in thin trade

Traders said activity remained restricted due to absence of demand from constructions units.

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The local steel market ended on a flat note today with saria and other steels after prices moving in a tight range on little doing,closed at previous levels.

Traders said activity remained restricted due to absence of demand from constructions units.

The following are today’s quotations per tonne: CTD saria (Kamdhenu): 8-mm 48,000,10-mm 46,200,12-mm 45,100,16-25 mm 46,000.

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Saria Jai Bharat (TMT): 8-mm 45,400,10 mm 45,100,12-mm 44,400,16-25 mm 44,700. Amba shakti (TMT): 8-mm 47,300,10-mm 46,000,12-mm 45,000,16-25 mm 45,500.

MS Angle: (50×5) (50×6) 44,700,(40×5) (40×6) 33,500. Angle Capital (ISI) (40X5) (40×6) 43,800,(35X5) (65X6) 33,900. Girder 125X65 RS 39,300.

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