EUROPE SECTIONS: Prices flat on uncertainty about new import quotas

Domestic prices for hollow steel sections in Northern and Southern Europe remained flat this week on a lack of trading, resulting from uncertainty about the region’s new import quotas, sources told Fastmarkets on Wednesday July 3.

Fastmarkets’ domestic price assessment for commodity-size, grade-S235 square hollow sections made in Northern Europe was €630-640 per tonne ($711-722) per tonne delivered on Wednesday, unchanged week on week.

Market participants previously reported uncertainty in the market ahead of the renewal of the import quotas on July 1. This came...


Carrie Bone

July 03, 2019

16:54 GMT