Slab import prices in Asia unchanged amid sluggish demand

Import prices for steel slab in Southeast Asia and East Asia were stable over the past week due to poor demand despite rebounding prices for downstream flat steel products.

“Demand remains lackluster because the price spread between slab and hot-rolled coil is not wide enough for re-rollers to accept,” a trader in Taiwan said.

Restocking activity in Southeast Asia's main HRC import market in...

Published

Lee Ken Kiat

November 26, 2019

12:27 GMT

Singapore