Slow buying forces slab prices downwards in Asia

Major slab suppliers have started to accept lower prices in Asia following a standoff between sellers and buyers that lasted several weeks.

CIS-origin slab for hot rolled coil production was heard booked in Indonesia late last week at around $435 per tonne cfr, for April shipment, market participants told Metal Bulletin.

This...

Published

Juan Weik

February 01, 2017

11:34 GMT

Singapore