MMK decreases domestic flats prices for November

Wednesday, 31 October 2007 10:18:04 (GMT+3)   |  

The Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) has determined its domestic prices for flat rolled products for November shipment.

The average prices are as follows:

Product

Change(Ruble/mt)

        Price

HR 2 mm

- 633

Ruble 15,200/mt ($615/mt)

Plate 4-32 mm

- 609

Ruble 16,263/mt ($658/mt)

Plate 32-50 mm

- 677

Ruble 18,970/mt ($768/mt)

Plate > 50 mm

- 667

Ruble 21,460/mt ($868/mt)

CR 0.5 mm

- 364

Ruble 17,713/mt ($717/mt)

CR 1 mm

- 340

Ruble 16,880/mt ($683/mt)

HDG 0.5-0.54 (second quality)

+300

Ruble 26,000/mt($1,052/mt)

HDG 0.7-0.79 (second quality)

- 422

Ruble 22,873/mt ($926/mt)

HDG 1.0-1.39 (second quality)

- 225

Ruble 21,080/mt ($853/mt)

HDG 1.4-2.0 (second quality)

- 293

Ruble 20,875/mt ($845/mt)

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 24.71

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