MMK decreases domestic flats prices for October

Wednesday, 26 September 2007 11:57:45 (GMT+3)   |  
       

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

The average prices are as follows:

Product

Change (Ruble/mt)

        Price

HR 2 mm

- 800

Ruble 15,833 /mt ($634/mt)

Plate 4-32 mm

- 983

Ruble 16,872/mt ($676/mt)

Plate 32-50 mm

- 1,803

Ruble 19,647/mt ($787/mt)

Plate > 50 mm

- 673

Ruble 22,127/mt ($886/mt)

CR 0.5 mm

- 949

Ruble 18,077/mt ($723/mt)

CR 1 mm

- 903

Ruble 17,220/mt ($687/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 24.97


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