Saria weakens on weak demand

Saria remained weak and prices fell by another Rs 200 per tonne on the wholesale steel and iron market today on slackness in demand.

Traders said slackness in demand against adequate stocks position, mainly led to fall in saria prices.

In the saria section, Kamdhenu 8-mm, 10-mm and 12-mm were down by Rs 200 each to Rs 39,700, Rs 41,400 and Rs 40,100 per tonne, respectively.

Similarly, saria 16-25-mm traded lower by the same margin to Rs 37,950 per tonne.

Following are today's quotations in Rs per tonne:

CTD saria (Kamdhenu) 8-mm, 39,700, 10-mm, 41,400, 12-mm 40,100, 16-25 mm  37,950
Saria Jai Bharat (iso 9002) 8-mm 38,650, 10 mm 37,850, 12-mm 37,050, 16-25 mm 37,050

Amba saria (iso-9002) 8-mm 37,500, 10-mm 36,800, 12-mm 36,200, 16-25-mm 36,000
Amba shakti: (TMT) 8-mm 36,800, 10 mm 35,800, 12 mm 35,200, 16 to 25 mm 35,000

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) 32,5000 (200x100) 33,300 (125x70) 33,600

T-IRON (40X5)(40X6)(50X6) 33,500