Saria falls on reduced offtake

Saria prices fell by Rs 300 per tonne in the local steel and iron market today on reduced offtake by stockists.  

Market analysts said reduced offtake by stockists following decline in demand from construction units mainly led to the fall in saria prices. 

In the saria section, Kamdhenu 8-mm, 10-mm and 12-mm were down by Rs 300 each to Rs 43,300, Rs 42,800 and Rs 42,100, respectively, while 16-25-mm traded lower by the same margin to Rs 42,300 per tone. 

Following are today's quotations per tonne:

CTD saria (Kamdhenu) 8-mm 43,500, 10-mm 42,800, 12-mm 42,100, 16-25 mm 42,300
Saria Jai Bharat (ISO 9002) 8-mm 39,650, 10 mm 38,850, 12-mm 38,050, 16-25 mm 38,050

Amba saria (ISO-9002) 8-mm 39,000, 10-mm 38,300, 12-mm 37,700, 16-25-mm 37,500
Amba shakti: (TMT) 8-mm 41,200, 10 mm 41,300, 12 mm 40,700, 16 to 25 mm 40,900

M S Angle: (50x5) (50x6) 33,000, (40x5) (40x6) 33,500
Angle capital (ISI) (40X5) (40x6) 36,900, (35X5) (65X6) 33,900

Garder (joist) (150x75) 33,500 (175x85) 32,500 (200x100) 33,300 (125x70) 33,600
T-IRON (40X5)(40X6)(50X6) 33,500