73,18 $/bar. 100,22 $/rub. 105,81 €/rub. Ni cash 15805 $/tn Ni 3 months. 16095 $/tn LME Ni 159408 tn Ni average 15736 $/tn Charge Cr 1,52 $/lb

Inner market prices in May and June 2008

Unexpectedly for many, the inner market prices for CR flats in May, if compared to April, have decreased 2.3-2.8%.

Experts mark low business activity of key end-users as the latter are said to tarry to replenish their stocks while the nickel price is falling whereas traders are forced to decrease their prices due to the increase of their stocks.

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According to an expert appraisal by Spetsstal Association, the Hune prices for CR flats on the inner market will remain at the May level.

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\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n
\r\n

Price change for CR flats on the inner market

\r\n

(roubles/ton incl. VAT)

\r\n

Month

\r\n

AISI 304 2B

\r\n

(08X18H9)

\r\n

AISI 321 2B (12X18H10T)

\r\n

AISI 430 2В

\r\n

(08X17)

\r\n

January

\r\n

164756

\r\n

177250

\r\n

70258

\r\n

February

\r\n

162502

\r\n

173836

\r\n

69490

\r\n

March

\r\n

167591

\r\n

177773

\r\n

73643

\r\n

April

\r\n

170687

\r\n

178062

\r\n

73368

\r\n

May

\r\n

165956

\r\n

173407

\r\n

71671

\r\n

+/- %

\r\n

-2,8%

\r\n

-2,6%

\r\n

-2,3%

\r\n

June *

\r\n

166000

\r\n

174000

\r\n

72000

\r\n

* appraisal

\r\n

 

\r\n


Late delegates may still register to attend the Russian-Asian Stainless Steel Forum on 3-4 June 2008. Please refer for details to http://russia-asia.ru.

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