Saria rises on fresh buying

Saria prices rose by Rs 200 per tonne in the local steel market today on fresh buying by stockists following a rise in demand. Traders said fresh buying by stockists on pick-up in demand from constructions units mainly led to the rise in saria prices.  

In the saria section, Kamdhenu 8-mm, 10-mm and 12-mm were up by Rs 200 each to Rs 44,700, Rs 44,000 and Rs 43,300 per tonne, respectively. Saria 16-25-mm followed suit and traded higher by the same margin to Rs 43,800 per tonne. 

Following are today's quotations per tonne: 

CTD saria (Kamdhenu) 8-mm 44,700, 10-mm 44,000, 12-mm 43,300, 16-25 mm 43,800
Saria Jai Bharat (TMT) 8-mm 44,800, 10 mm 44,000, 12-mm 43,200,, 16-25 mm 43,600

Amba shakti: (TMT) 8-mm 41,200, 10 mm 40,300, 12 mm 39,700, 16 to 25 mm 40,100
M S Angle: (50x5) (50x6) 33,000, (40x5) (40x6) 33,500

Angle capital (ISI) (40X5) (40x6) 36,900, (35X5) (65X6) 33,900
Garder 125X65 RS 39,300