Asian slab import prices up despite limited trading

Import prices for steel slab in Southeast Asia and East Asia increased during the past week on higher offers and bids, although trading remained sluggish due to the persistent bid-offer mismatch.

Fastmarkets’ weekly import price assessment for slab imports to Southeast Asia and East Asia was at $475-495 per tonne cfr on Monday March 11, up $15 per tonne from a week earlier.

One cargo from the Commonwealth of Independent States (CIS) was said to be sold at $480-485 per tonne cfr to Southeast Asia, although participants could not verify the information as of Monday. The material likely came from a mill located in eastern Ukraine...


Fiona Lam

March 11, 2019

09:55 GMT