Asian slab prices up as deals done despite reduced availability

Import slab prices in Asia continued climbing in the week to Monday September 18, with several cargoes booked in the region at higher prices, sources said.

Reduced availability of the material is supporting positive sentiment in the slab market.
“There is no Chinese and Indian slab available for export now,” one source said.
And another source added that there were also limited supplies from Ukraine’s Metinvest, Russia’s Evraz and Indonesia’s Krakatau Posco.

Slab suppliers from Indonesia, China and India have been concentrating on...


Vlada Novokreshchenova

September 19, 2017

15:52 GMT