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Saria prices weaken on reduced offtake

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Press Trust of India New Delhi
Saria prices fell by Rs 500 per tonne at the steel market in the national capital today due to reduced offtake by stockists following slow down in constructions activities.

Traders said reduced offtake by stockists following slow down in constructions activity, mainly led to decline in saria prices.

Saria Kamdhenu 8-mm,10-mm and 12-mm were down by Rs 500 each to Rs 39,000, Rs 37,800 and Rs 37,800 per tonne respectively.

Saria 16-25-mm followed suit and enquired lower by a similar margin to Rs 37,300 per tonne.

Following are today's quotations (in Rs per tonne):

Saria Kamdhenu: 8-mm Rs 39,000, 10-mm Rs 37,800, 12-mm Rs 37,800, 16-25 mm Rs 37,300.
 

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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First Published: Jun 26 2017 | 3:02 PM IST

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