Saria strengthens on pick-up in demand

Saria strengthened by Rs 100 per tonne at the local steel market today on pick-up in demand from constructions units.

Traders said increased offtake by stockists following rise in demand from construction units pushed up saria prices.

In the saria section, Kamdhenu 8-mm,10-mm and 12-mm were up by Rs 100 each to Rs 49,100, Rs 47,700 and Rs 46,200 per tonne, respectively. Saria 16-25-mm also traded higher by the same margin to Rs 46,900 per tone.

Following are today's quotations per tonne:

Saria Kamdhenu: 8-mm 49,100, 10-mm 47,700, 12-mm 46,200, 16-25 mm 46,900

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.