Fastmarkets’ price assessment for steel sections (medium), domestic, delivered Northern Europe
was €920-950 ($1,079-1,115) per tonne on Wednesday, up from €890-920 per tonne one week previous.
“Prices went through the roof. Now, it’s name a price. We are on the busy side of normal but there are gaps in stock,” a distributor said.
The price of hot-rolled coil, the feedstock for hollow sections has risen to new...