The Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) has issued its domestic rebar prices for March shipment.
The average price levels are as follows:
Product | Change (Ruble/mt) | Price |
Rebar 10 mm | +3,420 | Ruble 20,000/mt ($833/mt) |
Rebar 12 mm | +2,560 | Ruble 18,500/mt ($770/mt) |
Rebar 14-40 mm | +2,490 | Ruble 18,100/mt ($754/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 = 24.01 Rubles