EU sections prices hold stable despite coil cost decreases

Prices for steel hollow sections in Europe remained steady this week although costs for steel coil have continued to drop, sources told Metal Bulletin this week.

One of the main reasons for the price stability was a quiet market environment, with little spot market business being concluded. "After the [price] adjustment, we are staying at this level," one producer source, who recently reduced his hollow sections prices, said on Wednesday May 31. "The market is quiet [and] there are no further requests for adjustment," he added. Poor demand continues to blight the market, according to another producer source. "I don’t...

Published

Lee Allen

June 02, 2017

14:07 GMT

London