EUROPE SECTIONS: Market steady; imports take pressure off mills

Prices for steel hollow sections in Europe remained unchanged this week following a recent deluge of imports, which re-filled stocks for some market participants and took pressure off domestic mills, sources told Fastmarkets on Wednesday January 20.

Fastmarkets’ price assessment for steel sections (medium), domestic, delivered Northern Europe was €820-850 ($993-1,030) per tonne on Wednesday, flat week on week.

In recent months, steel section producers have struggled to obtain enough hot-rolled coil (HRC) - the feedstock material - due to an ongoing shortage in HRC, which boosted...

Published

Carrie Bone

January 20, 2021

16:50 GMT

London