Slab Import prices in Asia fall on weak demand, thin trading

Import prices for steel slab in Southeast Asia and East Asia were down during the past week, with demand remaining muted in the key import market of Indonesia while market participants await the final results of its presidential election.

Fastmarkets MB’s weekly import price assessment for slab in Southeast Asia and East Asia was $470-480 per tonne cfr on Monday April 22, down from $490-495 a week earlier. No deals were reported during the week to Monday. Limited spot negotiations were heard due to Indonesia's general election in Indonesia on April 17 and the Good Friday holiday on...


Lee Ken Kiat

April 22, 2019

17:25 GMT