MMK issues longs prices for July

Tuesday, 01 July 2008 15:19:01 (GMT+3)   |  
The Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) has issued its domestic rebar and wire rod prices for July.

The average price levels are as follows:

Product

 Change (Ruble/mt)

  Price

Rebar 12 mm

+2,470

 Ruble 35,970/mt ($1,535/mt)

Rebar 14-40 mm

+2,450

 Ruble 35,600/mt ($1,519/mt)

Wire rod 6.5 mm, 8 mm

+2,615

 Ruble 34,800/mt ($1,485/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 = 23.44 Rubles


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