The import price for steel slab in Southeast Asia and East Asia experienced an upswing over the past week due to lower slab supply and a rebound in regional hot-rolled coil prices.
Fastmarkets' price assessment for steel slab imports, cfr Southeast Asia and East Asia was $350-360 per tonne on Monday April 20, up by $15-20 per tonne from $330-345 per tonne a week earlier.Over the past week, 30,000 tonnes of June-shipment Russian slab was heard sold at $335-340 per tonne cfr Taiwan. However, the transaction could not be confirmed by the time of publication and...