MMK to further raise domestic prices in August

Thursday, 10 July 2008 16:09:59 (GMT+3)   |  
The Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) plans to further increase its steel prices for the domestic market in August.

As per the release posted by MMK's official distributor, MMK intends to increase its steel product prices by the following margins:

Product group

Rate of increase  

HR

5%

CR

3%

Galvanized steel

5%

Angle, channel

7%

Rebar

3%


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