MMK issues domestic flats prices for October

Tuesday, 30 September 2008 08:32:12 (GMT+3)   |  
The Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) has determined its domestic prices for flat rolled products for October.

The average prices are as follows:

Product

Change(Ruble/mt)

        Price

HR 2 mm

-2,300

Ruble 26,500/mt ($1,057/mt)

Plate 4-32 mm

-2,110

Ruble 27,320/mt ($1,090/mt)

Plate 32-50 mm

-2,450

Ruble 29,600/mt ($1,181/mt)

Plate > 50 mm

-2,900

Ruble 30,200/mt ($1,205/mt)

CR 0.5 mm

-750

Ruble 29,950/mt ($1,195/mt)

CR 1 mm

-750

Ruble 28,700/mt ($1,145/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

-1,970

Ruble 29,880/mt ($1,192/mt)

Plate 4-32 mm

-1,800

Ruble 30,500/mt ($1,271/mt)

Plate 32-50 mm

-1,380

Ruble 33,830/mt ($1,350/mt)

Plate > 50 mm

-2,720

Ruble 34,500/mt ($1,377/mt)

CR 0.5 mm

-100

Ruble 34,180/mt ($1,364/mt)

CR 1 mm

-200

Ruble 32,880/mt ($1,313/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 = 25.06 Rubles


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