Saria strengthens increased demand
Agencies: New Delhi, Nov 24 2012, 16:14 IST
Saria strengthened by Rs 200 per tonne on the local steel market today on increased offtake by stockists following an upswing in constructions activity.
Traders said pick up in demand from constructions units mainly led to rise in saria prices.
In the saria section, Kamdhenu 8-mm,10-mm and 12-mm were up by Rs 200 each to Rs 48,600, Rs 46,900 and Rs 45,100, while saria 16-25-mm traded higher by the same margin to Rs 46,300 per tonne, respectively.
The following are today's quotations per tonne: CTD saria (Kamdhenu): 8-mm 48,600, 10-mm 46,900, 12-mm 45,100, 16-25 mm 46,300.
Saria Jai Bharat (TMT): 8-mm 45,100, 10 mm 44,800, 12-mm 44,100, 16-25 mm 44,400.
Amba shakti (TMT): 8-mm 45,400, 10-mm 43,100, 12-mm 42,100, 16-25 mm 42,600.
MS Angle: (50x5) (50x6) 42,000, (40x5) (40x6) 42,800. Angle Capital (ISI) (40X5) (40x6) 43,800, (35X5) (65X6) 33,900. Girder 125X65 RS 39,300.
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