Saria rises on better offtake
Wholesale saria prices moved up by Rs.500 per tonne in the national capital on increased offtake by stockists.
In the saria section, Kamdhenu 8-mm,10-mm and 12-mm were traded higher by Rs.500 each at Rs.45,500, Rs.44,500 and Rs.43,300 per tonne respectively.
Similarly, 16-25-mm and 25-32-mm gained Rs.500 each at Rs 45,000 and Rs.45,000 per tone respectively.
Traders said increased offtake by stockists mainly pushed up saria prices.
Following were Friday's quotations in Rs per tonne: CTD saria (kamdhenu) 8-mm, 45,500, 10-mm, 44,500, 12-mm 43,300, 16-25 mm 45,000 and 25-32mm Rs 45,000.
Rathi tor steel : 8-mm 44,500, 10-mm 44,500, 12-mm 43,900, 16-20 mm 44,300 and 25-32 mm 44,300.
Saria Jai bharat (iso 9002) 8-mm 43,900, 10 mm 43,900 12-mm 43,900, 16-25 mm 43,950.
Amba saria (iso-9002) 8-mm 42,500, 10-mm 42,500, 12-mm 42,300, 16-25-mm 42,200.
Amba shakti: (TMT) 8-mm 42,000, 10 mm 42,700, 12 mm 42,300, 16 to 25 mm 42,200.
M S Angle: (50x5) (50x6) 42,900, (40x5) (40x6) 43,100. Angle capital (ISI) (40X5) (40x6) 43,900, (35X5) (65X6) 43,900.
Ingot and Scrap: Bhivari 38,000,
Ghaziabad 34,500,
Muzaffarnaga 34,000.
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