MMK adjusts Nov. prices for flats with polymeric coating

The Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) has adjusted its domestic prices for flat rolled with polymeric coating for November delivery. The average price levels are as follows:

Product                                        Price 
Galvanized coil with polymeric coating         Ruble 32,988(approx.$1,224)
CR with polymeric coating                      Ruble 28,390(approx.$1,053) 

The above price levels are only valid for shipments to the Ural, Siberian and Far East regions of the Russian Federation. All prices exclude VAT. Exchange rate: $1 = Ruble 26,95