The Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) has determined its domestic prices for flat rolled products for September.
The average prices are as follows:
Product | Change(Ruble/mt) | Price |
HR 2 mm | -1,050 | Ruble 28,800/mt ($1,167/mt) |
Plate 4-32 mm | -890 | Ruble 29,430/mt ($1,193/mt) |
Plate 32-50 mm | -750 | Ruble 32,050/mt ($1,299/mt) |
Plate > 50 mm | +300 | Ruble 33,100/mt ($1,341/mt) |
CR 0.5 mm | - | Ruble 30,700/mt ($1,244/mt) |
CR 1 mm | - | Ruble 29,450/mt ($1,193/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 | -710 | Ruble 31,850/mt ($1,291/mt) |
Plate 4-32 mm | -310 | Ruble 32,300/mt ($1,309/mt) |
Plate 32-50 mm | -600 | Ruble 35,210/mt ($1,427/mt) |
Plate > 50 mm | +1,660 | Ruble 37,260/mt ($1,510/mt) |
CR 0.5 mm | -500 | Ruble 34,280/mt ($1,389/mt) |
CR 1 mm | -470 | Ruble 32,880/mt ($1,332/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 = 24.68 Rubles