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