Slab import prices in Asia stable amid Chinese holiday

October 08, 2019 / www.metalbulletin.com / Article Link

Import prices for steel slab in Southeast Asia and East Asia were stable over the past week due to sluggish trading activity amid a week-long holiday in China to mark the country's 70th anniversary.

Market participants are waiting to see how Chinese steel prices will change when its markets re-open on October 8, a trader in Taiwan said. Prices in Asia's downstream hot-rolled coil market fell amid China's...

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