The Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) has determined its domestic prices for flat rolled products for July.
The average prices are as follows:
Product | Change (Ruble/mt) | Price |
HR 2 mm | +2,350 | Ruble 29,750/mt ($1,269/mt) |
Plate 4-32 mm | +1,910 | Ruble 29,880/mt ($1,275/mt) |
Plate 32-50 mm | +750 | Ruble 30,250/mt ($1,291/mt) |
Plate > 50 mm | +850 | Ruble 31,850/mt ($1,359/mt) |
CR 0.5 mm | +5,700 | Ruble 36,600/mt ($1,561/mt) |
CR 1 mm | +8,000 | Ruble 36,600/mt ($1,561/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 | +1,960 | Ruble 32,740/mt ($1,397/mt) |
Plate 4-32 mm | +1,650 | Ruble 32,460/mt ($1,385/mt) |
Plate 32-50 mm | +820 | Ruble 33,670/mt ($1,436/mt) |
Plate > 50 mm | +840 | Ruble 35,390/mt ($1,510/mt) |
CR 0.5 mm | +1,140 | Ruble 34,430/mt ($1,469/mt) |
CR 1 mm | +1,110 | Ruble 33,040/mt ($1,410/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 = 23.44 Rubles