Slab import prices in Asia hold steady amid slow market

May 07, 2019 / www.metalbulletin.com / Article Link

Import prices for steel slab in Southeast Asia and East Asia were unchanged over the past week amid quiet market conditions ahead of the start of the Islamic holy month of Ramadan.

Re-rollers in Indonesia remain well-stocked and are in no rush to replenish supplies due to an expected reduction in business activity during Ramadan, a trader in Southeast Asia said.Ramadan starts on May 5 and ends on June 4 in Indonesia. During this period, Muslims observe Ramadan by not eating or drinking...

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