EUROPE SECTIONS: Prices down on weak market sentiment

Prices for hollow steel sections in the European domestic market moved down this week with market sentiment turning negative, sources told Fastmarkets on Wednesday September 25.

Fastmarkets’ weekly price assessment for steel sections (medium), domestic, delivered Northern Europe, was €585-600 ($644-660) per tonne on Wednesday, narrowing downward from €585-610 per tonne one week before.

There was uncertainty in the market and buyers were waiting before placing orders, according to one distributor, while a mill source told Fastmarkets that...


Carrie Bone

September 25, 2019

17:35 GMT