Import prices for steel slab in Southeast Asia and East Asia increased during the past week on higher offers and bids, although trading remained sluggish due to the persistent bid-offer mismatch.
Fastmarkets' weekly import price assessment for slab imports to Southeast Asia and East Asia was at $475-495 per tonne cfr on Monday March 11, up $15 per tonne from a week earlier.One cargo from the Commonwealth of Independent States (CIS) was said to be sold at $480-485 per tonne cfr to Southeast Asia, although participants could not verify the information as of Monday. The material likely came from a mill located in eastern Ukraine controlled...