Saria weakens on stockists selling

Saria prices were down by Rs 500 per tonne at the steel market in the national capital today due to increased selling by stockists amid fall in offtake.
Other steels, however, continued to trade in a limited range on scattered support.
Traders attributed fall in saria prices to increased selling by stockists against reduced demand.
In the saria segment, Kamdhenu 8-mm,10-mm and 12-mm were down by Rs 500 each to Rs 41,100, Rs 38,900 and Rs 38,300 per tonne respectively. Saria-16-25-mm also lost similar grounds to trade lower at Rs 38,300 per tonne.
Following are today's quotations (in Rs per tonne):

Saria Kamdhenu: 8-mm Rs 41,100, 10-mm Rs 38,900, 12-mm Rs 38,300, 16-25 mm Rs 38,300.

Amba Shakti (TMT): 8-mm Rs 44,000, 10-mm Rs 41,500, 12-mm, Rs 40,500, 16-25 mm Rs 40,500.
MS Angle: (50x5) (50x6) Rs 42,000, (40x5) (40x6) Rs 42,800.
Angle Capital (ISI) (40X5) (40x6) Rs 44,100, (35X5)(65X6) Rs 44,600. Girder (125X65) Rs 41,000.