EUROPE SECTIONS: Prices dip on quiet pre-Easter market

Prices for hollow steel sections in Europe widened this week with trading activity remaining slow ahead of the long Easter weekend break, sources told Fastmarkets on Wednesday April 8.

Fastmarkets’ weekly price assessment for steel sections (medium), domestic, delivered Northern Europe, was €590-610 ($641-663) per tonne on Wednesday, widening downward by €5 per tonne from €595-610 per tonne one week earlier.
“The restart [of production activity in Italy] is positive. Even if it is slow, it will be equal to demand,” a distributor said.

“Production must run even during summer. I expect no big gap in trading,” he added. “Demand has been kept on...


Carrie Bone

April 08, 2020

17:08 GMT