Saria strengthens on increased offtake

Saria strengthened by Rs 200 per tonne at the steel market in the national capital on increased offtake by stockists following an upswing in construction activities.

Movement in other steels remained restricted on little doing.

Traders said the rise in saria prices was mostly attributed to increased offtake by stockists as construction activities picked up.

In the saria section, Kamdhenu 8-mm, 10-mm and 12-mm,16- 25 mm traded higher by Rs 200 each at Rs 39,700, Rs 38,500, Rs 38,500 and Rs 38,500 per tonne, respectively.

Following are today's quotations (in Rs per tonne): Saria Kamdhenu: 8-mm Rs 39,700, 10-mm Rs 38,500, 12-mm Rs 38,500, 16-25 mm Rs 38,500.

MS Angle: (50x5) (50x6) Rs 42,000, (40x5) (40x6) Rs 42,800.

Angle Capital (IS) (40X5) (40x6) Rs 44,100, (35X5)(65X6) Rs 44,600, Girder (125X65) Rs 41,000.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)