MMK issues domestic flats prices for June

Wednesday, 04 June 2008 15:05:43 (GMT+3)   |  
The Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) has determined its domestic prices for flat rolled products for June.

The average prices are as follows:

Product

Change(Ruble/mt)

        Price

HR 2 mm

+800

Ruble 27,600/mt ($1,160/mt)

Plate 4-32 mm

+550

Ruble 27,970/mt ($1,175/mt)

Plate 32-50 mm

+100

Ruble 29,500/mt ($1,240/mt)

Plate > 50 mm

-

Ruble 31,000/mt ($1,303/mt)

CR 0.5 mm

+600

Ruble 29,800/mt ($1,253/mt)

CR 1 mm

+1,600

Ruble 28,600/mt ($1,202/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

+1,460

Ruble 30,780/mt ($1,294/mt)

Plate 4-32 mm

+1,300

Ruble 30,810/mt ($1,302/mt)

Plate 32-50 mm

+960

Ruble 32,850/mt ($1,388/mt)

Plate > 50 mm

+1,050

Ruble 34,550/mt ($1,452/mt)

CR 0.5 mm

+1,040

Ruble 33,290/mt ($1,406/mt)

CR 1 mm

+1,020

Ruble 31,940/mt ($1,345/mt)

The above 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 = 23.79 Rubles


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