MMK issues domestic section steel prices for June

Thursday, 05 June 2008 09:36:16 (GMT+3)   |  

The Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) has determined its domestic prices for section steels for June.

The average prices are as follows:

Product

Change

(Ruble/mt)

        Price

Angle 40, 45, 50 mm

-

Ruble 27,500/mt ($1,156/mt)

Angle 56-63, 63 x 40, 70-75 mm

-

Ruble 27,000/mt ($1,135/mt)

Angle 80, 90 mm

-

Ruble 26,800/mt ($1,127/mt)

Angle 100, 100 x 63, 110 x 70 mm

-

Ruble 27,300/mt ($1,148/mt)

Channel bar 5.0-6.5 mm

-

Ruble 26,300/mt ($1,106/mt)

Channel bar 8-10 mm

-

Ruble 25,700/mt ($1,080/mt)

Channel bar 12-16 mm

-

Ruble 27,000/mt ($1,135/mt)

Channel bar 18 mm

-

Ruble 27,500/mt ($1,156/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

Angle 40, 45, 50 mm

-

Ruble 32,590/mt ($1,370/mt)

Angle 56-63, 63 x 40, 70-75 mm

-

Ruble 32,150/mt ($1,351/mt)

Angle 80, 90 mm

-

Ruble 32,040/mt ($1,347/mt)

Angle 100, 100 x 63, 110 x 70 mm

-

Ruble 31,700/mt ($1,332/mt)

Channel bar 5.0-6.5 mm

-

Ruble 28,280/mt ($1,189/mt)

Channel bar 8-10 mm

-

Ruble 28,130/mt ($1,182/mt)

Channel bar 12-16 mm

-

Ruble 30,000/mt ($1,261/mt)

Channel bar 18 mm

-

Ruble 29,700/mt ($1,248/mt)

The above 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 = 23.79 Rubles

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