Steel prices remain quiet in tight movements

NEW DELHI, Sept 13:  Quiet conditions persisted at the local steel market as prices moved in a tight range in the absence of worthwhile activity.
Traders said absence of buying support from construction and engineering units against adequate stocks position mainly kept steel prices unaltered.
Following are today’s quotations (in Rs per tonne):
Saria Kamdhenu: 8-mm 50,000, 10-mm 49,500, 12-mm 47,100, 16-25 mm 47,800.
Amba shakti (TMT): 8-mm 45,700, 10-mm 43,400, 12-mm 42,400, 16-25 mm 42,500.
MS Angle: (50×5) (50×6) 42,000, (40×5) (40×6) 42,800.
Angle Capital (ISI) (40X5) (40×6) 44,100, (35X5)(65X6) 44,600. Girder 125X65 41,000. (PTI)

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