MMK issues domestic flats prices for August

Monday, 04 August 2008 08:59:45 (GMT+3)   |  
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

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