EUROPE SECTIONS: Prices stable but producers keen for increases

Prices for hollow steel sections in the domestic European market were largely stable on Wednesday March 6 but producer-led increases could take effect soon, market sources told Fastmarkets.

Fastmarkets’ domestic price assessment for commodity-size, grade-S235 square hollow sections made in Northern Europe was unchanged week on week on Wednesday at €630-650 ($713-736) per tonne delivered. “Higher prices depend on negotiations,” a distributor said. “The mills will be successful with their price increases because, if [hot-rolled coil] prices are going up, section prices will get pulled up too. Demand is very good.” ArcelorMittal has announced two separate price rises for...

Published

Carrie Bone

March 06, 2019

18:00 GMT

London