Saria prices rose by Rs 400 per tonne, extending yesterday's gains in the wholesale steel market today on increased offtake by stockists. M S angle also showed some strength on pick up in buying activity.
Traders said continued buying by stockists followed by an upswing in construction activity, which led to a rise in prices. In the saria section, Kamdhenu 8-mm,10-mm and 12-mm were up by Rs 400 each to Rs 40,300, Rs 40,000 and Rs 38,700 per tonne, respectively.
Similarly, saria 16-25-mm traded higher by the same margin at Rs 38,550 per tonne. In the MS angle section, 50x5 50x6 and 40x5 40x6 traded higher at Rs 32,500 and Rs 33,000, respectively.
Following are today's quotations in Rs per tonne:
CTD saria (Kamdhenu) 8-mm 40,300, 10-mm 40,000, 12-mm 38,700, 16-25 mm 38,550
Saria Jai Bharat (iso 9002) 8-mm 38,200, 10 mm 37,400, 12-mm 36,600, 16-25 mm 36,600
Amba saria (iso-9002) 8-mm 37,000, 10-mm 36,000, 12-mm 35,400, 16-25-mm 35,200
Amba shakti: (TMT) 8-mm 36,000, 10 mm 35,000, 12 mm 34,400, 16 to 25 mm 34,200
M S Angle: (50x5) (50x6) 32,500, (40x5) (40x6) 33,000
Angle capital (ISI) (40X5) (40x6) 36,400, (35X5) (65X6) 33,400
Garder (joist) (150x75) 33,000 (175x85) 32,000 (200x100) 32,800 (125x70) 33,100
T-IRON (40X5) (40X6)(50X6) 33,200
