EUROPE SECTIONS: Unhappy mills set to raise offer prices

European mills producing hollow sections are unhappy with current pricing and intend to issue higher offer prices over the next few weeks, market sources told Metal Bulletin on Wednesday April 11.

“The development of tube prices does not match that of flat steel,” one Southern European producer said. “None of the pipemakers are happy with the current situation. They’re all confronted with higher coil prices,” he added. “From April onward, they are in trouble.” His company will increase its sales prices in the next week, he said. “Mills have not yet...

Published

Lee Allen

April 11, 2018

20:08 GMT

London