Asian slab import prices dip amid worsening sentiment

Import prices for steel slab in Southeast Asia and East Asia fell over the week to Monday March 16 amid worsening sentiment while novel coronavirus (2019-nCoV) infections surge within the region.

Fastmarkets’ price assessment for steel slab imports, cfr Southeast Asia and East Asia was $405-415 per tonne on Monday March 16, down by $5 per tonne from a week earlier.

A steelmaker in East Asia was heard to have offered slab at $415 per tonne cfr Southeast Asia, while market participants estimated the tradeable price was in the range of...

Published

Lee Ken Kiat

March 17, 2020

10:52 GMT

Singapore