Import prices for steel slab in Southeast Asia and East Asia maintained their upward momentum over the past week amid scarce offers, while trading activity remained thin.
Fastmarkets MB's weekly import price assessment for slab in Southeast Asia and East Asia was $460-470 per tonne cfr on Monday February 18, up $10-15 per tonne from a week earlier.The regional market remained consistently quiet, with no firm offers or bids heard.Iranian slab was heard sold to Thailand at around $385-395 per tonne cfr on Friday, although sources could not verify the deal price and said it also sounded too low to be true, even for Iranian material. Prices from Iran are...