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, 50×5 50×6 and 40×5 40×6 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: (50×5) (50×6) 32,500, (40×5) (40×6) 33,000
Angle capital (ISI) (40X5) (40×6) 36,400, (35X5) (65X6)
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