MMK sets domestic flats prices for April

The Russian steelmaker Magnitogorsk Iron and Steel Works has determined its domestic flats prices for April shipment. The average price levels are as follows:

 
Product                                      Price 

HR 2mm                                       Ruble 16,282/mt ($621)
Plate 8-32 mm                                Ruble 17,267/mt ($659)
Plate 32-50 mm                               Ruble 19,634/mt ($748)
Plate >50 mm                                 Ruble 20,448/mt ($780)
CR 0.5 mm                                    Ruble 18,670/mt ($712)
CR 1 mm                                      Ruble 17,760/mt ($677)
HDG 0.5-0.54 mm (second quality)             Ruble 30,250/mt ($1,153)
HDG 0.7-0.79 mm (second quality)             Ruble 27,100/mt ($1,033)
HDG 1-1.39 mm   (second quality)             Ruble 24,795/mt ($945)
HDG 1.4-2 mm    (second quality)             Ruble 24,615/mt ($938)
Galvanized coil with polymeric coating       Ruble 34,785/mt ($1,326)
CR with polymeric coating 0.25-0.27 mm       Ruble 36,533/mt ($1,394)
CR with polymeric coating 0.45-0.49 mm       Ruble 33,193/mt ($1,265)
CR with polymeric coating 1-1.2 mm           Ruble 27,217/mt ($1,038) 

The above-mentioned price levels are only valid for delivery to the Ural, Siberian and Far East regions of Russia. All prices exclude VAT. Exchange rate: USD1=Ruble 26.23