EUROPE SECTIONS: Prices flat on slow summer trading

The domestic prices for hollow steel sections in both Northern and Southern Europe were unchanged this week ahead of the seasonal summer break, sources told Fastmarkets on Wednesday July 31.

Fastmarkets’ price assessment for steel sections (medium), domestic, delivered Northern Europe, was €615-630 ($686-702) per tonne on Wednesday, flat week on week. Market participants reported very low levels of trading activity and inquires, which was to be expected before the quiet summer period when many take holidays and mills close for maintenance. No change was reported in prices this week, but the price increases proposed for after the summer were...

Published

Carrie Bone

July 31, 2019

16:46 GMT

London