MMK issues longs prices for November

Wednesday, 31 October 2007 16:03:13 (GMT+3)   |  
       

 The Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) has reduced its domestic rebar and wire rod prices for November 2007 shipment.

The average price levels are as follows:

Product

 Change (Ruble/mt)

  Price

Rebar 10 mm

-1,813

 Ruble 15,000/mt ($607/mt)

Rebar 12 mm

-2,968

 Ruble 14,317/mt ($579/mt)

Rebar 14-40 mm

-1,719

 Ruble 13,930/mt ($564/mt)

Wire rod 6.5 mm

-1,680

 Ruble 13,837/mt ($560/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 = 24.71 Rubles


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