Iranian slab prices for foreign customers continued to fall in the week to August 12, pressured by weak consumer markets in Asia and Europe.
Fastmarkets' price assessment for steel slab, export, fob ports Iran decreased by $20-25 per tonne week on week to $700-720 per tonne on August 11, from $725-740 per tonne fob on August 4."Because of new cases of Covid, many mills have gone into lockdown in Southeast Asia, which is weighing on demand for slab imports," a producer source from Khouzestan...