Slab import market in Asia softens further amid weak season

Import prices for slab in Asia have slipped below $400 per tonne cfr with market sentiment remaining bearish among buyers due to a seasonal slowdown in the region.

Renewed competition among major slab suppliers and the volatility in China’s flat steel prices have also been cited as factors influencing buying activity in Asia, according to market participants.

Published

Juan Weik

June 14, 2017

12:21 GMT

Singapore