The Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) has determined its domestic prices for flat rolled products for May.
The average prices are as follows:
Product | Change(Ruble/mt) | Price |
HR 2 mm | +6,700 | Ruble 26,800/mt ($1,130/mt) |
Plate 4-32 mm | +6,260 | Ruble 27,420/mt ($1,157/mt) |
Plate 32-50 mm | +4,200 | Ruble 29,400/mt ($1,241/mt) |
Plate > 50 mm | +2,400 | Ruble 31,000/mt ($1,308/mt) |
CR 0.5 mm | +7,000 | Ruble 28,200/mt ($1,190/mt) |
CR 1 mm | +6,800 | Ruble 27,000/mt ($1,139/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 | +7,130 | Ruble 29,320/mt ($1,237/mt) |
Plate 4-32 mm | +6,360 | Ruble 29,510/mt ($1,245/mt) |
Plate 32-50 mm | +4,420 | Ruble 31,890/mt ($1,346/mt) |
Plate > 50 mm | +2,500 | Ruble 33,500/mt ($1,414/mt) |
CR 0.5 mm | +7,590 | Ruble 32,250/mt ($1,361/mt) |
CR 1 mm | +7,090 | Ruble 30,920/mt ($1,305/mt) |
The above 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 = 23.7 Rubles