Saria prices dropped by Rs 300 per tonne in the wholesale steel and iron market today, as offtake declined due to rainy season.
Marketmen said reduced offtake by stockists as demand dropped in view of rainy season mainly put pressure on the saria prices.
In the saria section, Kamdhenu 8-mm,10-mm and 12-mm were down by Rs 300 each to Rs 39,800, Rs 40,500 and Rs 39,200 per tonne, respectively.
Similarly, the saria 16-25-mm traded lower by the same margin at Rs 37,050 per tone.
Following are today's quotations in Rs per tonne:
CTD saria (Kamdhenu) 8-mm, 39,800, 10-mm, 40,500, 12-mm 39,200, 16-25 mm 37,050
Saria Jai Bharat (iso 9002) 8-mm 38,650, 10 mm 37,850, 12-mm 37,050, 16-25 mm 37,050
Amba saria (iso-9002) 8-mm 37,300, 10-mm 36,300, 12-mm 35,700, 16-25-mm 35,500
Amba shakti: (TMT) 8-mm 36,300, 10 mm 35,300, 12 mm 34,700, 16 to 25 mm 34,500
M S Angle: (50x5) (50x6) 33,000, (40x5) (40x6) 33,500
Angle capital (ISI) (40X5) (40x6) 36,900, (35X5) (65X6) 33,900
Garder (joist) (150x75) 33,500 (175x85) 32,5000 (200x100) 33,300 (125x70) 33,600
T-IRON (40X5) (40X6)(50X6) 33,500
