Import prices for steel slab in Southeast Asia and East Asia fell slightly over the past week amid sluggish trading activity.
Market participants were also concerned about a decline in downstream hot-rolled coil prices.
Fastmarkets' price assessment for
steel slab imports, cfr Southeast Asia and East Asia was $345-355 per tonne on Monday May 4, down by $5 per tonne from $350-360 per tonne
a week earlier.
During the week to Monday, slab produced in the Commonwealth of Independent States was offered at $355-370 per tonne cfr Southeast and East Asia.