Saria strengthens on fresh buying support
Saria prices rose by Rs 500 per tone on the local steel and iron market today on fresh buying by stockists supported by an upswing in construction activity.
Market analysts said fresh buying by stockists on pick up in demand from constructions units mainly pushed up wholesale saria prices.
In the saria section, Kamdhenu 8-mm, 10-mm and 12-mm were higher by Rs 500 each to Rs 42,300, Rs 44,000 and Rs 42,700 per tonne, respectively.
Similarly, Saria 16-25-mm traded higher by the same margin to Rs 40,550 per tonne.
Following are today's quotations per tonne:
CTD saria (Kamdhenu) 8-mm 42,300, 10-mm 44,000, 12-mm 42,700, 16-25 mm 40,550
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 37,500, 10 mm 36,500, 12 mm 35,900, 16 to 25 mm 35,700
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