Asian slab import prices down on higher supply

Import prices for steel slab in Southeast Asia and East Asia have fallen over the past week with an increase in available supplies.

Fastmarkets’ price assessment for slab imports in Southeast Asia and East Asia was $500-515 per tonne cfr for the week ended Monday October 1, down by $20 per tonne from the previous week.

Russia-origin material was heard sold to Southeast Asia at $500-510 per tonne cfr, while a large shipment of Brazilian slab was sold to...

Published

Fiona Lam

October 01, 2018

14:05 GMT

Singapore