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Saria remains strong as demand picks up

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Press Trust of India New Delhi
Saria prices advanced by Rs 200 per tonne on the local steel market today due to pick up in demand from constructions units.

Traders said pick up in demand from construction units mainly kept saria prices remain higher for the second day.

In the saria section, Kamdhenu 8-mm,10-mm and 12-mm were enquired higher by Rs 200 each to Rs 49,500, Rs 48,100 and Rs 46,600, while saria-16-25-mm traded higher by similar margin to Rs 47,300 per tonne respectively.

The following were today's quotations per tonne:

Saria Kamdhenu: 8-mm 49,500, 10-mm 48,100, 12-mm 46,600,16-25 mm 47,300

Saria Jai Bharat (TMT): 8-mm 44,500, 10 mm 43,000, 12-mm 41,500, 16-25 mm 44,900.
 

Amba shakti (TMT): 8-mm 45,500, 10-mm 43,200, 12-mm 42,200, 16-25 mm 42,300.

MS Angle: (50x5) (50x6) 42,000, (40x5) (40x6) q42,800.

Angle Capital (ISI) (40X5) (40x6) 43,800, (35X5) (65X6) 36,900. Girder 125X65 41,000.

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First Published: May 07 2014 | 3:11 PM IST

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