Category: HRC

  • Iran crisis halts slab exports, tightens supply in Asia

    Iran crisis halts slab exports, tightens supply in Asia

    Asian slabs and semi-finished climb to around $500/t Brazilian slab prices surge on European demand Japan Metal Daily: In Asia, prices of semi-finished steel and slabs have climbed to around $500/t, marking a two-year high. Supply has tightened following the halt in Iranian slab exports since the onset of the US-Israel-Iran conflict in February. At…