Asia's slab import prices rise on limited supply

Slab import prices in Asia continued to trend upwards over the past week amid tighter supply and a strengthening flat steel segment in the global market, Metal Bulletin has learned.

Suppliers who are able to produce both slab and billet have been opting for the latter, which is comparatively more profitable than the former.

“We have reduced our slab output to a minimum due to maintenance works at our mill as well as a re-allocation of resources to billet production,” a CIS producer...


Vlada Novokreshchenova

August 29, 2017

13:02 GMT