The Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) has determined its domestic prices for flat rolled products for November.
The average prices are as follows:
Product | Change(Ruble/mt) | Price |
HR 2 mm | -3,150 | Ruble 23,350/mt ($866/mt) |
Plate 4-32 mm | -2,703 | Ruble 24,617/mt ($913/mt) |
Plate 32-50 mm | -1,950 | Ruble 27,650/mt ($1,026/mt) |
Plate > 50 mm | -1,950 | Ruble 28,250/mt ($1,048/mt) |
CR 0.5 mm | -1,500 | Ruble 28,450/mt ($1,055/mt) |
CR 1 mm | -1,450 | Ruble 27,250/mt ($1,011/mt) |
The above price levels are only valid for delivery to the Ural, Siberian and Far East regions of Russia. The prices exclude VAT.
Product | Change(Ruble/mt) | Price |
HR 2 mm | -5,187 | Ruble 24,613/mt ($913/mt) |
Plate 4-32 mm | -5,413 | Ruble 25,087/mt ($931/mt) |
Plate 32-50 mm | -6,133 | Ruble 27,697/mt ($1,027/mt) |
Plate > 50 mm | -6,230 | Ruble 28,270/mt ($1,049/mt) |
CR 0.5 mm | -4,105 | Ruble 30,075/mt ($1,116/mt) |
CR 1 mm | -4,037 | Ruble 28,843/mt ($1,070/mt) |
These latter price levels are only valid for delivery to the Volga and North Caucasus regions of Russia. The prices include VAT.
Exchange rate: 1 US Dollar = 26.96 Rubles