Saria strengthens on increased offtake by stockists
Press Trust of India New Delhi Saria prices firmed up by Rs 200 per tonne at the local steel market today due to increased offtake by stockists amid pick-up in demand from construction units.
In the saria section, Kamdhenu 8-mm, 10-mm and 12-mm were up by Rs 200 each to Rs 50,100, Rs 49,600 and Rs 47,200 per tonne, respectively.
Saria 16-25mm followed suit and traded higher by the same margin to Rs 47,900 per tone.
Following are today's quotations (in Rs per tonne):
Saria Kamdhenu: 8-mm 50,100, 10-mm 49,600, 12-mm 47,200, 16-25 mm 47,900.
Amba shakti (TMT): 8-mm 45,700, 10-mm 43,400, 12-mm 42,400, 16-25 mm 42,500.
MS Angle: (50x5) (50x6) 42,000, (40x5) (40x6) 42,800.
Angle Capital (ISI) (40X5) (40x6) 44,100, (35X5)(65X6) 44,600. Girder (125X65) 41,000.