EUROPE SECTIONS: Prices stable amid Easter slowdown; demand remains poor

The price of hollow steel sections in both the Northern and Southern European domestic markets has remained stable this week amid heavily subdued market activity caused by the Easter holiday.

The majority of market participants were absent leaving trading activity thin as a result, sources told Fastmarkets. Yet despite the stable price assessment, the market fundamentals are not perfectly balanced, with sources pointing to poor demand. "The only likely direction [for prices to move] is down…demand...

Published

Ross Yeo

April 24, 2019

17:35 GMT

London