The Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) has issued its domestic rebar and wire rod prices for April.
The average price levels are as follows:
Product | Change (Ruble/mt) | Price |
Rebar 10 mm | +3,600 | Ruble 23,600/mt ($1,004/mt) |
Rebar 12 mm | +3,100 | Ruble 21,600/mt ($919/mt) |
Rebar 14-40 mm | +3,100 | Ruble 21,200/mt ($902/mt) |
Wire rod 6.5 mm, 8 mm | - | Ruble 20,900/mt ($889/mt) |
The above prices are only valid for shipments to the Ural, Siberian and Far East regions of Russia.
All prices exclude VAT.
Exchange rate: 1 US Dollar = 23.5 Rubles