LNM Marketing increases Ispat Karmet prices in Russia

Wednesday, 05 February 2003 10:11:00 (GMT+3)   |  
       

LNM Marketing increases Ispat Karmet prices in Russia

In a statement to SteelOrbis, LNM Marketing authorities expressed that they decided to make a price increase on its Ispat Karmet materials for Russia. According to such decision, prices on product basis will be increased at below levels, effective from March 2003:

product      increase

HR            $70/mt
CR           $100/mt
GP            $40/mt
TP            $80/mt 
Ispat Karmet's annual sales into the CIS amounts to a total of 800'000-1'000'000 mts of steel products. 400-500'000 mts of this amount is usually allocated to Russia.

Tags: Russia CIS 

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