Asia import slab prices surge amid strengthening HRC market, reduced availability

Import slab prices in Asia have risen by $15-20 per tonne over the past week, supported by the continued strengthening of hot rolled coil (HRC) prices in the region.

In addition, the availability of the semi-finished product was somewhat reduced as some suppliers were out of the market and waiting for prices to pick up further, while those with capacity to produce both billet and slab opted for billet, because the prices for this product were comparatively higher.

Metal Bulletin’s...

Published

Vlada Novokreshchenova

August 01, 2017

16:02 GMT

Dnepr