EUROPE SECTIONS: Market under pressure from higher feedstock costs despite quota renewals

Prices for steel hollow sections in Europe remained flat on Wednesday April 7, with the renewed import quota relieving pressure on the market with mills facing higher feedstock costs, sources told Fastmarkets.

Fastmarkets’ price assessment for steel sections (medium), domestic, delivered Northern Europe was unchanged at €920-950 ($1088- 1,124) per tonne on Wednesday.

The price of hot-rolled coil, the feedstock for hollow sections has...

Published

Carrie Bone

April 07, 2021

17:53 GMT

London

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