MMK issues domestic flats prices for May

Wednesday, 30 April 2008 15:51:53 (GMT+3)   |  
The Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) has determined its domestic prices for flat rolled products for May.

The average prices are as follows:

Product

Change(Ruble/mt)

        Price

HR 2 mm

+6,700

Ruble 26,800/mt ($1,130/mt)

Plate 4-32 mm

+6,260

Ruble 27,420/mt ($1,157/mt)

Plate 32-50 mm

+4,200

Ruble 29,400/mt ($1,241/mt)

Plate > 50 mm

+2,400

Ruble 31,000/mt ($1,308/mt)

CR 0.5 mm

+7,000

Ruble 28,200/mt ($1,190/mt)

CR 1 mm

+6,800

Ruble 27,000/mt ($1,139/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

+7,130

Ruble 29,320/mt ($1,237/mt)

Plate 4-32 mm

+6,360

Ruble 29,510/mt ($1,245/mt)

Plate 32-50 mm

+4,420

Ruble 31,890/mt ($1,346/mt)

Plate > 50 mm

+2,500

Ruble 33,500/mt ($1,414/mt)

CR 0.5 mm

+7,590

Ruble 32,250/mt ($1,361/mt)

CR 1 mm

+7,090

Ruble 30,920/mt ($1,305/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 = 23.7 Rubles


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