Fastmarkets’ weekly price assessment for steel sections (medium), domestic, delivered Northern Europe
, was €580-595 ($630-647) per tonne on Wednesday, unchanged week on week.
Demand in Northern and Southern Europe remained almost flat because economic activity has not yet returned to areas which have recently had lockdown measures relaxed, while industrial operations in some areas were still closed because of the Covid-19 pandemic.
The Italian market remained quiet because mills have only recently begun their return to operation, after being permitted to restart a few weeks previously. Some market sources have predicted that it...