Russia’s MMK to raise HRC, CRC prices for February rolling by $20-30

Russian steelmaker Magnitogorsk Iron & Steel Works (MMK) is to hike its prices for February-produced hot and cold rolled coil (HRC and CRC) by $20-30 per tonne.

The comes in response to rising iron ore prices, a company source told Metal Bulletin sister publication Steel First.

Spot iron ore prices jumped another $5 on December 31 from the seven-month...


Nadia Popova

December 31, 2012

13:00 GMT