EU hollow sections prices rise as coil mills prepare fresh cost increases

Prices for hollow steel sections strengthened across Europe this week, with flat steel mills said to be planning further price increases for hot rolled coil (HRC), sources said on Wednesday September 6.

Major HRC producers in both Northern and Southern Europe are contemplating raising their prices for domestically made material by €30-40 per tonne amid strong global markets and high import prices, sources told Metal Bulletin. Tube mills are keen to improve their margins – which have been lacklustre over recent months –...

Published

Lee Allen

September 06, 2017

18:22 GMT

London