Asian slab prices dip again on thin demand

Import prices for steel slab in Southeast Asia and East Asia edged down over the past week amid sparse trading activity and a lack of buying interest from re-rollers.

Fastmarkets MB’s import price assessment for slab in Southeast Asia and East Asia was $470-480 per tonne cfr for the week ended Monday October 29, down by $5 per tonne from a week earlier.
The assessment fell on lower offers and bids in the spot market. No bookings were reported during the week.



Fiona Lam

October 30, 2018

03:20 GMT