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Saria declines on reduced offtake

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Press Trust of India New Delhi

Saria turned weak and prices declined by Rs 200 per tonne due to reduced offtake following ongoing monsoon season.

Traders said reduced offtake by stockists due to rainy season mainly led to fall in wholesale saria prices.

Kamdhenu 8-mm,10-mm and 12-mm were down by Rs 200 each to Rs 39,600, Rs 39,300 and Rs 38,000 per tone, respectively.

16-25-mm followed suit and traded lower by similar margin at Rs 37,850 per tonne.

Following are today's quotations in Rs per tonne:

CTD saria (Kamdhenu) 8-mm, 39,600, 10-mm, 39,300, 12-mm 38,000, 16-25 mm  37,850
Saria Jai Bharat (iso 9002) 8-mm 38,000, 10 mm 37,200, 12-mm 36,400, 16-25 mm 36,400

 

Amba saria (iso-9002) 8-mm 37,000, 10-mm 36,000, 12-mm 35,400, 16-25-mm 35,200
Amba shakti: (TMT) 8-mm 36,000, 10 mm 35,000, 12 mm 34,400, 16 to 25 mm 34,200

M S Angle: (50x5) (50x6) 32,500, (40x5) (40x6) 33,000
Angle capital (ISI) (40X5) (40x6) 36,400, (35X5) (65X6) 33,400

Garder (joist) (150x75) 33,000 (175x85) 32,000 (200x100) 32,800 (125x70) 33,100
T-IRON (40X5) (40X6)(50X6) 33,200

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First Published: Jul 19 2010 | 3:20 PM IST

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