Saria weakens on reduced offtake

Saria prices fell by Rs 300 per tonne in the local steel and iron market today due to reduced offtake by stockists.

Market analysts said reduced offtake by stockists on subdued demand from construction units led to the decline in saria prices.

In the saria section, kamdhenu 8-mm, 10-mm and 12-mm were down by Rs 300 each to Rs 41,700, Rs 43,400 and Rs 42,100, respectively. 

Saria 16-25-mm traded lower by the same margin to Rs 49,950 per tone.

Following are today's quotations per tonne:

CTD saria (Kamdhenu) 8-mm 41,700, 10-mm 43,400, 12-mm 42,100, 16-25 mm 39,950
Saria Jai Bharat (ISO 9002) 8-mm 39,650, 10 mm 38,850, 12-mm 38,050, 16-25 mm 38,050

 

Amba saria (ISO-9002) 8-mm 39,000, 10-mm 38,300, 12-mm 37,700, 16-25-mm 37,500
Amba shakti: (TMT) 8-mm 37,500, 10 mm 36,500, 12 mm 35,900, 16 to 25 mm 35,700

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) 32,500 (200x100) 33,300 (125x70) 33,600
T-IRON (40X5)(40X6)(50X6) 33,500