Fastmarkets’ price assessment for steel sections (medium), domestic, delivered Northern Europe
was €630-650 ($744-767) per tonne on Wednesday, up from €600-630 per tonne one week previous.
“Demand is okay, there are no problems in demand, but a new high peak of corona in the Benelux area means new projects may be postponed due to the virus. We have been informed that we can expect even higher prices from mills due to availability issues surrounding HRC,” a distributor said.
The price of hot-rolled coil, the feedstock for sections,...