Markets: Eerie calm

Markets: Eerie calm

it is not clear when market sentiment can change; as in the past, it can be quite sudden.
At a turn and yet not

At a turn and yet not

RBI could be tempted to cut policy rate to support growth at its bi-monthly review.

Steel prices remain flat in thin trade

Dec 01 2012, 15:42 IST
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Traders said limited deals from constructions unit mainly kept steel prices unchanged. (Reuters) Traders said limited deals from constructions unit mainly kept steel prices unchanged. (Reuters)
SummaryTraders said limited deals from constructions unit mainly kept steel prices unchanged.

There was not much activity on the local steel market as prices moved in narrow range on limited deals and settled around previous levels.

Traders said limited deals from constructions unit mainly kept steel prices unchanged.

The following are today's quotations per tonne:

CTD saria (Kamdhenu): 8-mm 48,600, 10-mm 46,900, 12-mm 45,100, 16-25 mm 46,300.

Saria Jai Bharat (TMT): 8-mm 45,100, 10 mm 44,800, 12-mm 44,100, 16-25 mm 44,400.

Amba shakti (TMT): 8-mm 45,400, 10-mm 43,100, 12-mm 42,100, 16-25 mm 42,600.

MS Angle: (50x5) (50x6) 42,000, (40x5) (40x6) 42,800.

Angle Capital (ISI) (40X5) (40x6) 43,800, (35X5) (65X6) 33,900. Girder 125X65 RS 39,300.

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