MMK adjusts domestic flats prices for August

Wednesday, 01 August 2007 15:45:42 (GMT+3)   |  
The Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) has adjusted its previously announced domestic prices for flat rolled products for August shipment.

The average prices are as follows:

Product

Change(Ruble/mt)

        Price

HR 2 mm

- 1,243

Ruble 16,827/mt ($657/mt)

Plate 4-32 mm

- 457

Ruble 18,526/mt ($723/mt)

Plate 32-50 mm

-

Ruble 21,450/mt ($838/mt)

Plate > 50 mm

-

Ruble 22,800/mt ($890/mt)

CR 0.5 mm

- 1,004

Ruble 19,026/mt ($743/mt)

CR 1 mm

- 947

Ruble 18,123/mt ($708/mt)

HDG 0.5-0.54 mm (second quality)

- 885

Ruble 28,775/mt($1,124/mt)

HDG 0.7-0.79 mm (second quality)

- 790

Ruble 25,780/mt($1,007mt)

HDG 1 -1.32 mm (second quality)

- 720

Ruble 23,595/mt ($921/mt)

HDG 1.4-2.0 mm (second quality)

- 720

Ruble 23,410/mt ($914mt)

The above price levels are only valid for delivery to the Ural, Siberian and Far East regions of Russia.

All prices exclude VAT.

Exchange rate: USD 1 = Ruble 25.61


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