EUROPE SECTIONS: Market quiet but resistance builds for later price rises

Domestic prices for hollow steel sections in both Northern and Southern Europe were flat this week with market activity paused for the summer, sources told Fastmarkets on Wednesday August 7.

Fastmarkets’ price assessment for steel sections (medium), domestic, delivered Northern Europe, was €615-630 ($689-706) per tonne on Wednesday, flat week on week. Market participants reported very low levels of trading activity and inquiries, which was to be expected during the quiet period when many take summer holidays and mills close for maintenance. No change was reported in prices this week, but...

Published

Carrie Bone

August 07, 2019

17:57 GMT

London