Saria strengthens on increased demand

Saria strengthened at the wholesale steel market today on increased offtake by stockists to meet the increased demand, driven by an upswing in constructions. Other steels, however, after trading in a tight range settled at the previous levels.

In the saria segment, kamdhenu 8 mm, 10 mm, 12 mm and 16-25 mm traded higher by Rs 200 each at Rs 43,700, Rs 43,000, Rs 42,300 and Rs 42,500 per tonne, respectively.

Following are the quotations in Rs per tonne:

CTD saria (Kamdhenu) 8 mm 43,700, 10 mm 43,000, 12 mm 42,300, 16-25 mm 42,500.

Saria Jai Bharat (ISO 9002) 8 mm 39,650, 10 mm 38,850, 12 mm 38,050, 16-25 mm 38,050.

Amba saria (ISO 9002) 8 mm 39,000, 10 mm 38,300, 12 mm 37,700, 16-25 mm 37,500.

Amba shakti: (TMT) 8 mm 41,200, 10 mm 41,300, 12 mm 40,700, 16-25 mm 40,900.

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) 32,500 (200x100) 33,300 (125x70) 33,600. T-IRON (40X5)(40X6)(50X6) 33,500.