The Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) has determined its domestic prices for flat rolled products for November shipment.
The average prices are as follows:
Product | Change(Ruble/mt) | Price |
HR 2 mm | - 633 | Ruble 15,200/mt ($615/mt) |
Plate 4-32 mm | - 609 | Ruble 16,263/mt ($658/mt) |
Plate 32-50 mm | - 677 | Ruble 18,970/mt ($768/mt) |
Plate > 50 mm | - 667 | Ruble 21,460/mt ($868/mt) |
CR 0.5 mm | - 364 | Ruble 17,713/mt ($717/mt) |
CR 1 mm | - 340 | Ruble 16,880/mt ($683/mt) |
HDG 0.5-0.54 (second quality) | +300 | Ruble 26,000/mt($1,052/mt) |
HDG 0.7-0.79 (second quality) | - 422 | Ruble 22,873/mt ($926/mt) |
HDG 1.0-1.39 (second quality) | - 225 | Ruble 21,080/mt ($853/mt) |
HDG 1.4-2.0 (second quality) | - 293 | Ruble 20,875/mt ($845/mt) |
The above price levels are only valid for delivery to the Ural, Siberian and Far East regions of Russia.
All prices exclude VAT.
Exchange rate: USD 1 = Ruble 24.71