MMK issues domestic prices for April

Wednesday, 16 March 2011 17:01:46 (GMT+3)   |  
       

The Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) has issued its domestic indicative prices for its basic steel products for the month of April 2011:  

Product

Price

 Change Ruble/mt

Rebar  12 mm

Ruble 20,220/mt ($706/mt)

-1,290

Angle 50 mm

Ruble 20,300/mt ($708/mt)

-1,270

HR 4 mm

Ruble 22,620/mt ($789/mt)

-530

Plate 20 mm

Ruble 24,400/mt ($851/mt)

-550

CR 1 mm

Ruble 26,070/mt ($910/mt)

+60

Galvanized 0.55 mm

Ruble 28,660/mt ($1,000/mt)

+570

The above price levels are valid for delivery to the Central Federal District of Russia, excluding VAT, with delivery terms of FCA Magnitogorsk, by truck, excluding commercial extra payments.
 
Exchange rate: US$1 = Ruble 28.66


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