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...