Saria weakens on sluggish demand

WebinarsNew
Deep DiveNew
Explore Business Standard

Saria prices fell by Rs 300 a tonne in the wholesale steel and iron market today as demand declined.
Traders said sluggish demand due to rainy season mainly led to fall in wholesale saria prices.
In the saria section, Kamdhenu 8-mm, 10-mm and 12-mm were down by Rs 300 each to Rs 43,000, Rs 42,300 and Rs 41,600 a tonne, respectively.
Following are today's quotations per tonne:
CTD saria (Kamdhenu) 8-mm 43,000, 10-mm 42,300, 12-mm 41,600, 16-25 mm 42,100
Saria Jai Bharat (ISO 9002) 8-mm 39,450, 10 mm 38,650, 12-mm 38,000, 16-25 mm 38,000
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
First Published: Jul 15 2011 | 4:38 PM IST