MMK issues domestic flats prices for July

Tuesday, 01 July 2008 15:14:35 (GMT+3)   |  
       

The Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) has determined its domestic prices for flat rolled products for July.

The average prices are as follows:

Product

Change

(Ruble/mt)

        Price

HR 2 mm

+2,350

Ruble 29,750/mt ($1,269/mt)

Plate 4-32 mm

+1,910

Ruble 29,880/mt ($1,275/mt)

Plate 32-50 mm

+750

Ruble 30,250/mt ($1,291/mt)

Plate > 50 mm

+850

Ruble 31,850/mt ($1,359/mt)

CR 0.5 mm

+5,700

Ruble 36,600/mt ($1,561/mt)

CR 1 mm

+8,000

Ruble 36,600/mt ($1,561/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

+1,960

Ruble 32,740/mt ($1,397/mt)

Plate 4-32 mm

+1,650

Ruble 32,460/mt ($1,385/mt)

Plate 32-50 mm

+820

Ruble 33,670/mt ($1,436/mt)

Plate > 50 mm

+840

Ruble 35,390/mt ($1,510/mt)

CR 0.5 mm

+1,140

Ruble 34,430/mt ($1,469/mt)

CR 1 mm

+1,110

Ruble 33,040/mt ($1,410/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 = 23.44 Rubles


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