Asia import slab prices rise on limited supply

Import slab prices in Asia have continued to rise over the past week, supported by the reduced availability of the material in the region as well as rising global finished flat steel and raw materials prices, Metal Bulletin learnt on Monday August 21.

The allocation of the material in the region was reduced as those suppliers which are able to produce and sell billet, rather than slab, opted for billet, which is now comparatively more profitable than slab.

“Whoever...

Published

Vlada Novokreshchenova

August 22, 2017

16:12 GMT

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