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Saria strengthens on stockists buying

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Press Trust of India New Delhi
Last Updated : Apr 07 2014 | 3:24 PM IST
Saria prices rose by Rs 200 a tonne on the the local steel market today on stockists buying against restricted supplies from producing regions.
Traders said stockists buying against restricted supplies from producing regions mainly led to rise in saria prices.
In the national capital, saria Kamdhenu 8-mm,10-mm and 12-mm were up by Rs 200 each to Rs 48,800, Rs 47,400 and Rs 45,900,while saria-16-25-mm followed suit and traded higher by the same margin to Rs 46,600 per tonne respectively.
The following were today's quotations per tonne:
Saria Kamdhenu: 8-mm 48,800, 10-mm 47,400, 12-mm 45,900,16-25 mm 46,600
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 07 2014 | 3:24 PM IST

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