FOCUS: Asia steel slab prices plunge to 10-month low on ample supply, currency woes

摘要

The sustained slump in currencies combined with an influx of slab in the aftermath of recent trade measures have dragged slab import prices down in Southeast Asia and East Asia, participants told Fastmarkets MB.Fastmarkets MB's assessment for slab imports in Southeast Asia and East Asia was $500-515 per tonne cfr for the week ended Monday October 1, down by $20 per tonne from the previous week.