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15 March 201413:00

MMK raises metal goods prices on April 1

March 15, 2014. The current market trends and the ongoing devaluation of the ruble made it necessary for Magnitogorsk Iron & Steel Works (MMK) to raise its metal goods prices on April 1, 2014, the company reports. This increase was also brought about by the growing demand that has to do with the end of the winter season. The hot-rolled metal goods prices will go up by 5% to 7% for thin sheets and by 4% to 6% for thick ones; the cold-rolled metal goods prices will increase by 6% to 9%, the prices of zinc-coated products will go up by 5% to 6%, the prices of products with polymeric coating
15 March 201411:33

MMK to raise metal goods prices on April 1

March 15, 2014. Given the current market trend and the ongoing depreciation of the ruble, Magnitogorsk Iron & Steel Works (MMK) is going to raise metal goods prices on April 1, the company reports. The increase in prices also has to do with the rising demand after the end of the winter season. The thin hot-rolled stock prices will go up by 5% to 7%, the thick hot-rolled stock prices will rise by 4% to 6%, the cold-rolled stock prices will increase by 6% to 9%, the zinc-coated rolled stock prices will increase by 5% to 6%, and the prices for rolled stock with polymeric coating will rise by
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