Southern EU hollow sections prices squeezed by lack of buying

Prices for steel hollow sections are being squeezed by lacklustre demand across Europe, market sources told Metal Bulletin on Wednesday February 8.

Metal Bulletin’s price assessment for commodity-grade square hollow sections made and delivered in Southern Europe narrowed downward by €15 ($16) per tonne to €600-635 ($642-679) per tonne. Prices in Northern Europe remained at €610-640 ($653-685) per tonne delivered. One Southern European producer reduced its prices this week when its order volumes fell after it imposed sharp price rises last...

Published

Lee Allen

February 08, 2017

16:15 GMT

London