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Saria weakens on reduced offtake by stockists

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Press Trust of India New Delhi

Saria prices fell by Rs 300 per tonne in the wholesale steel and iron market today on reduced offtake by stockists due to fall in demand.   

Marketmen said reduced offtake by stockists due to fall in demand in view of rainy season, which led to a decline in saria prices.

In the saria section, Kamdhenu 8-mm,10-mm and 12-mm were down by Rs 300 each to Rs 40,300, Rs 41,000 and Rs 39,700 per tonne, respectively.

Similarly, the saria 16-25-mm traded lower by the same margin at Rs 37,550 per tonne.

Following are today's quotations in Rs per tonne:

CTD saria (Kamdhenu) 8-mm, 40,300, 10-mm, 41,000, 12-mm 39,700, 16-25 mm 37,550
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 37,500, 10-mm 36,800, 12-mm 36,200, 16-25-mm 36,000
Amba shakti: (TMT) 8-mm 36,800, 10 mm 35,800, 12 mm 35,200, 16 to 25 mm 35,000

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

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First Published: Sep 13 2010 | 5:01 PM IST

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