EU hollow sections prices plummet under pressure from slump in coil market

Steel hollowsections price fell across Europe again this week, as falling coil values exerted downward pressure on the market, sources told Metal Bulletin on Wednesday June 14.

"I don't see much positive news for the moment – everyone is lowering [their] prices," a trader said. "It's a big drop and we are not so happy with it," one distributor said. The drop in hollow sections prices was directly because of "coil prices and the expectation that they will...

Published

Lee Allen

June 14, 2017

19:58 GMT

London