Declining Asian HRC prices weigh on regional slab import markets

The decline in Asian hot-rolled coil prices has continued to apply downward pressure on slab prices in the region, sources told Fastmarkets.

Fastmarkets’ price assessment for steel slab imports, cfr Southeast Asia and East Asia, was $375-380 per tonne on Monday October 28, as compared with $370-385 per tonne from a week earlier.

During the week to Monday, a Russian...


Lee Ken Kiat

October 29, 2019

10:10 GMT