Asia's slab prices stable amid lack of offers, bids

November 27, 2018 / www.metalbulletin.com / Article Link

Import prices for steel slab in Southeast Asia and East Asia were unchanged over the past week in a quiet market, with no new trades or negotiations heard.

Fastmarkets MB's weekly import price assessment for slab in Southeast Asia and East Asia was $460-470 per tonne cfr on Monday November 26, flat with the prior week.No bookings were reported. As a result, market participants agreed that the tradable price remained unchanged within the assessed range.Southeast Asian re-rollers were heard submitting inquiries, but they did not indicate how much they would pay nor gave firm bids, sources said.Buying interest was...

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