Fastmarkets’ price assessment for steel sections (medium), domestic, delivered Northern Europe
, was €890-920 ($1,058-1,094) per tonne on Wednesday, up from €860-890 per tonne the previous week.
The price of hot-rolled coil (HRC), the feedstock for sections manufacturing, has continued to rise
, increasing by €80 per tonne over the past month while the material shortage continues.
One hollow sections producer said that higher prices...