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Saria strengthens on pick-up in demand

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Press Trust of India New Delhi
Last Updated : Apr 17 2014 | 3:04 PM IST
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.

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First Published: Apr 17 2014 | 3:04 PM IST

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