EUROPE SECTIONS: Prices up as mills continue to seek increases

Domestic prices for hollow steel sections in both Northern and Southern Europe moved up this week on higher feedstock costs and increased offer prices at mills, sources told Fastmarkets on Wednesday June 12.

Fastmarkets’ domestic price assessment for commodity-size, grade-S235 square hollow sections made in Northern Europe was €620-640 ($702-724) per tonne delivered on Wednesday, up from €600-630 per tonne delivered one week earlier.
Hot-rolled coil (HRC) is the feedstock material for hollow sections and Fastmarkets’ weekly price assessment for HRC on the domestic market in Northern Europe was €485-495 per tonne ex-works on Wednesday, stable week on week but up from €480-490 per tonne ex-works on May 29.

“The...

Published

Carrie Bone

June 12, 2019

16:55 GMT

London