EUROPE SECTIONS: Prices may fall in weakening market

Prices for domestic hollow steel sections in Europe remained unchanged this week but the market has started to show price weakness, market sources told Fastmarkets on Wednesday October 10.

Fastmarkets’ domestic price assessment for commodity-size, grade-S235 square hollow sections made in Northern Europe was €650-670 ($746-769) per tonne delivered on October 10, flat week on week. The corresponding price assessment for commodity-size, grade-S235 square hollow sections made in Southern Europe was also flat on October 10 at €630-650 per tonne. Although the import quota imposed by the European Commission (EC) has not yet been filled, recent drops in the price for the hot-rolled coil (HRC) that is used as...

Published

Carrie Bone

October 10, 2018

16:58 GMT

London