EUROPE SECTIONS: Prices continue rise on increasing feedstock costs

Prices for hollow steel sections in Europe moved up this week following a continued rise in feedstock costs and a lack of imports, sources told Fastmarkets on Wednesday November 25.

Fastmarkets’ price assessment for steel sections (medium), domestic, delivered Northern Europe was €660-680 ($783-807) per tonne on Wednesday, up from €640-660 per tonne one week previous.
The availability of hot rolled coil (HRC) - the feedstock material for steel sections - remains tight, which is keeping prices moving upward on a weekly basis.

Fastmarkets’ daily steel HRC index, domestic, exw Northern Europe was €550.45 per tonne on November 25, up from...

Published

Carrie Bone

November 25, 2020

17:14 GMT

London