SteelOrbis has learned that in the Russian domestic market offers of 2-12 mm HRC from NLMK for November rolling to local customers are currently given at Ruble 20,056-21,575/mt ($626-673/mt) ex-works, including 18 percent VAT, for advance payment.
Meanwhile, NLMK's 0.7-2.0 mm cold rolled coil (CRC) offers to the domestic market are at Ruble 24,186-25,098/mt ($754-783/mt) ex-works, including 18 percent VAT, also for November rolling and for advance payment.
$1 = RUB 32.056