EUROPE SECTIONS: Prices stable but under pressure from challenging market conditions [CORRECTED]

Prices for hollow steel sections in Northern and Southern Europe were unchanged this week despite pressure from imports and recent feedstock costs, market sources told Fastmarkets on Wednesday October 23.

Fastmarkets’ weekly price assessment for steel sections (medium), domestic, delivered Northern Europe was €560-580 ($623-646) per tonne on Wednesday, unchanged week on week.
Costs for the feedstock material of hot-rolled coil have fallen continuously in recent weeks, putting pressure on to a weak domestic hollow sections market.

Fastmarkets’ weekly price assessment for steel HRC, domestic, exw Northern Europe was €425-430 per tonne on Wednesday, down from €465-480 per tonne at the...

Published

Carrie Bone

October 30, 2019

17:25 GMT

London