Saria strengthens on increased offtake

Saria prices rose by Rs 100 per quintal in the local steel market today on increased offtake by stockists.

Traders said increased offtake by stockists following a rise in demand mainly led to the rise in saria prices.

In the saria section, Kamdhenu 8-mm,10-mm and 12-mm were up by Rs 100 each to Rs 43,800, Rs 43,100 and Rs 43,100, respectively, while 16-25-mm traded higher by the same margin to Rs 42,600 per tone.

Following are today's quotations per tonne:

CTD saria (Kamdhenu) 8-mm 43,800, 10-mm 43,100, 12-mm 42,400, 16-25 mm 42,600
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