The Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) has determined its domestic prices for flat rolled products for August.
The average prices are as follows:
Product | Change(Ruble/mt) | Price |
HR 2 mm | +100 | Ruble 29,850/mt ($1,272/mt) |
Plate 4-32 mm | +440 | Ruble 30,320/mt ($1,292/mt) |
Plate 32-50 mm | +1,800 | Ruble 32,050/mt ($1,365/mt) |
Plate > 50 mm | +850 | Ruble 32,700/mt ($1,393/mt) |
CR 0.5 mm | -3,900 | Ruble 32,700/mt ($1,393/mt) |
CR 1 mm | -5,150 | Ruble 31,450/mt ($1,340/mt) |
The above price levels are only valid for delivery to the Ural, Siberian and Far East regions of Russia. The prices exclude VAT.
Product | Change(Ruble/mt) | Price |
HR 2 mm | -180 | Ruble 32,560/mt ($1,387/mt) |
Plate 4-32 mm | +150 | Ruble 32,610/mt ($1,389/mt) |
Plate 32-50 mm | +2,140 | Ruble 35,810/mt ($1,525/mt) |
Plate > 50 mm | +1,210 | Ruble 35,600/mt ($1,516/mt) |
CR 0.5 mm | +350 | Ruble 34,780/mt ($1,481/mt) |
CR 1 mm | +310 | Ruble 33,350/mt ($1,421/mt) |
These latter price levels are only valid for delivery to the Volga and North Caucasus regions of Russia. The prices include VAT.
Exchange rate: 1 US Dollar = 23.477 Rubles