Saria rises on stockists' buying
Press Trust of India New Delhi Saria prices rose by Rs 700 per tonne at the local steel market in the national capital today on emergence of buying by stockists, driven by pick-up in demand from construction units.
Marketmen said buying by stockists, supported by uptick in demand from construction units, mainly pushed up saria prices.
Saria Kamdhenu 8-mm, 10-mm and 12-mm climbed by Rs 700 each to Rs 45,100, Rs 44,500 and Rs 44,200 per tonne, respectively.
Saria 16-25-mm followed suit and traded higher by a similar margin to Rs 44,200 per tonne.
Following are today's quotations (in Rs per tonne):
Saria Kamdhenu: 8-mm Rs 45,100, 10-mm Rs 44,500, 12-mm Rs 44,200, 16-25 mm Rs 44,200.
MS Angle: (50x5) (50x6) Rs 42,000, (40x5) (40x6) Rs 42,800.
Angle Capital (IS) (40X5) (40x6) Rs 44,100, (35X5)(65X6) Rs 44,600, Girder (125X65) Rs 41,000.
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