The Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) has issued its domestic rebar and wire rod prices for June.
The average price levels are as follows:
Product | Change (Ruble/mt) | Price |
Rebar 10 mm | +6,250 | Ruble 32,400/mt ($1,362/mt) |
Rebar 12 mm | +4,800 | Ruble 30,300/mt ($1,274/mt) |
Rebar 14-40 mm | +4,750 | Ruble 29,900/mt ($1,257/mt) |
Wire rod 6.5 mm, 8 mm | - | Ruble 30,300/mt ($1,274/mt) |
The above prices are only valid for shipments to the Ural, Siberian and Far East regions of Russia.
All prices exclude VAT.
Product | Change (Ruble/mt) | Price |
Rebar 12 mm | +4,450 | Ruble 33,500/mt ($1,408/mt) |
Rebar 14-40 mm | +5,480 | Ruble 33,150/mt ($1,393/mt) |
Wire rod 6.5 mm, 8 mm | +5,135 | Ruble 32,185/mt ($1,353/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