Saria prices rose by Rs 700 per tonne at the local steel market in the national capital today on emergence of buying by stockists, driven by pick-up in demand from construction units. Marketmen said buying by stockists, supported by uptick in demand from construction units, mainly pushed up saria prices. Saria Kamdhenu 8-mm, 10-mm and 12-mm climbed by Rs 700 each to Rs 45,100, Rs 44,500 and Rs 44,200 per tonne, respectively. Saria 16-25-mm followed suit and traded higher by a similar margin to Rs 44,200 per tonne. Following are today's quotations (in Rs per tonne): Saria Kamdhenu: 8-mm Rs 45,100, 10-mm Rs 44,500, 12-mm Rs 44,200, 16-25 mm Rs 44,200. MS Angle: (50x5) (50x6) Rs 42,000, (40x5) (40x6) Rs 42,800. Angle Capital (IS) (40X5) (40x6) Rs 44,100, (35X5)(65X6) Rs 44,600, Girder (125X65) Rs 41,000.
Saria rises on stockists' buying
Press Trust of India |