EUROPE SECTIONS: Prices hold up as trading slows down

Prices for hollow steel sections in Europe were unchanged this week despite a slowdown in trading while the 2019-nCoV coronavirus spread across the region, sources told Fastmarkets on Wednesday March 18.

Fastmarkets’ weekly price assessment for steel sections (medium), domestic, delivered Northern Europe, was €600-630 ($664-697) per tonne on Wednesday, unchanged week on week.

“It’s becoming more and more quiet. Everyone is waiting for further shutdowns in production,” an optimistic trader said. “For traders, it’s not that difficult - they are booking something,...

Published

Carrie Bone

March 18, 2020

18:48 GMT

London