MMK issues longs prices for September

Monday, 01 September 2008 17:00:21 (GMT+3)   |  
The Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) has issued its domestic rebar and wire rod prices for September.

The average price levels are as follows:

Product

 Change (Ruble/mt)

  Price

Rebar 12 mm

-3,290

 Ruble 31,960/mt ($1,294/mt)

Rebar 14-40 mm

-4,220

 Ruble 31,430/mt ($1,274/mt)

Wire rod 6.5 mm, 8 mm

-3,640

 Ruble 31,120/mt ($1,261/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 = 24.68 Rubles


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