EU sections prices narrow up $17 as market turns bullish on HRC

Prices for hollow steel sections narrowed upward by €15 ($17) per tonne across Europe this week, with market participants expecting to see higher prices for hot rolled coil (HRC) in the near future.

“Sections prices [have gone] down for two months but [the market] is really coming up now,” one trader said on Wednesday July 12. HRC offer prices have risen over the past week, although the increased levels have yet to be...


Lee Allen

July 13, 2017

17:38 GMT