MMK issues domestic flats prices for September

Monday, 01 September 2008 16:43:22 (GMT+3)   |  
The Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) has determined its domestic prices for flat rolled products for September.

The average prices are as follows:

Product

Change(Ruble/mt)

        Price

HR 2 mm

-1,050

Ruble 28,800/mt ($1,167/mt)

Plate 4-32 mm

-890

Ruble 29,430/mt ($1,193/mt)

Plate 32-50 mm

-750

Ruble 32,050/mt ($1,299/mt)

Plate > 50 mm

+300

Ruble 33,100/mt ($1,341/mt)

CR 0.5 mm

-

Ruble 30,700/mt ($1,244/mt)

CR 1 mm

-

Ruble 29,450/mt ($1,193/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

-710

Ruble 31,850/mt ($1,291/mt)

Plate 4-32 mm

-310

Ruble 32,300/mt ($1,309/mt)

Plate 32-50 mm

-600

Ruble 35,210/mt ($1,427/mt)

Plate > 50 mm

+1,660

Ruble 37,260/mt ($1,510/mt)

CR 0.5 mm

-500

Ruble 34,280/mt ($1,389/mt)

CR 1 mm

-470

Ruble 32,880/mt ($1,332/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 = 24.68 Rubles


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