EUROPE SECTIONS: Market steady as feedstock costs level out

Prices for steel hollow sections in Europe remained unchanged this week after feedstock prices begin to plateau following a period of upward movement, sources told Fastmarkets on Wednesday February 3.

Fastmarkets’ price assessment for steel sections (medium), domestic, delivered Northern Europe was €850-870 ($1,022-1,046) per tonne on Wednesday, unchanged week on week.
After weeks of increases for hot-rolled coil - the feedstock material for hollow sections - prices have recently levelled out.

Fastmarkets’ daily steel hot-rolled coil index, domestic, exw Northern Europe was €710 ($853.92) per tonne on February 3, down from...

Published

Carrie Bone

February 03, 2021

18:47 GMT

London