MMK sets domestic flats prices for June

Friday, 18 May 2007 16:08:05 (GMT+3)   |  

The Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) has determined its domestic prices for flat rolled products for June shipment.

The average prices are as follows:

Product

  Change (Ruble/mt)

        Price

HR 2mm

-

Ruble 18,650/mt ($720/mt)

Plate 4-32 mm

-

Ruble 19,198/mt ($742/mt)

Plate 32-50 mm

-

Ruble 22,124/mt ($855/mt)

Plate > 50 mm

-

Ruble 22,974/mt ($888/mt)

CR 0.5 mm

- 809

Ruble 20,090/mt ($777/mt)

CR 1 mm

- 768

Ruble 19,142/mt ($740/mt)

HDG 0.5-0.54 mm (second quality)

+595

Ruble 30,845/mt ($1,193/mt)

HDG 0.7-0.79 mm (second quality)

+540

Ruble 27,640/mt ($1,067/mt)

HDG 1 -1.32 mm (second quality)

+500

Ruble 25,295/mt ($978/mt)

HDG 1.4-2.0 mm (second quality)

+485

Ruble 25,100/mt ($970/mt)

Galvanized coil with polymeric coating

+1,101

Ruble 37,635/mt ($1,456/mt)

CR with polymeric coating 0.25-0.27 mm

+1,994

Ruble 41,107/mt ($1,589/mt)

CR with polymeric coating 0.45-0.49 mm

+1,824

Ruble 37,337/mt ($1,444/mt)

CR with polymeric coating 1-1.2 mm

+1,479

Ruble 30,603/mt ($1,183/mt)

The above price levels are only valid for delivery to the Ural, Siberian and Far East regions of Russia.

All prices exclude VAT.

Exchange rate: USD 1=Ruble 25.9

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