If you are thinking about building a house, then this news cannot be called good for you. Due to the rise in the prices of raw materials, there has been a tremendous rise in the prices of Saria and it has reached a new record. On Friday, sariya fell to Rs 58,000 per ton. It is being told that the price of branded companies has reached 64000 rupees ton. Businessmen associated with the sector say that there are only signs of an increase in its prices in the coming days.
Traders associated with the field say that before 12 years ago, ie in 2009, sariya reached the highest level of Rs 49,800 per ton, but now the prices of sariya have created a new history. The special thing is that as fast as the prices of Saria are increasing, there is a decrease in demand in the market.
Chhattisgarh Sponge Iron Association President Anil Nacharani said that these days there is a tremendous rise in the prices of raw materials. In the last six months, the price of iron ore has increased by about 130 percent. The iron and iron that was available for Rs 4000 a tonne has now been priced at Rs 9000 a tonne. In comparison, steel prices have increased by only 30 percent.