EUROPE SECTIONS: Prices stable, market wary about proposed increases

Domestic prices for hollow steel sections in Europe were unchanged this week as the market considered mill proposals to increase prices despite further falls in feedstock costs, sources told Fastmarkets on Wednesday May 22.

Fastmarkets’ domestic price assessment for commodity-size, grade-S235 square hollow sections made in Northern Europe was unchanged week on week at €600-630 ($669-703) per tonne delivered on Wednesday. Feedstock costs have fallen in recent weeks and demand is also weak, making the steel mills' proposed price increases difficult to achieve according to market participants. “Prices are the same...

Published

Carrie Bone

May 22, 2019

17:17 GMT

London