The Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) has issued its domestic rebar prices for March shipment.
The average price levels are as follows:
Product |
Change (Ruble/mt) |
Price |
Rebar 10 mm |
+3,420 |
Ruble 20,000/mt ($833/mt) |
Rebar 12 mm |
+2,560 |
Ruble 18,500/mt ($770/mt) |
Rebar 14-40 mm |
+2,490 |
Ruble 18,100/mt ($754/mt) |
The above prices are only valid for shipments to the Ural, Siberian and Far East regions of Russia.
All prices exclude VAT.
Exchange rate: 1 US Dollar = 24.01 Rubles