EUROPE SECTIONS: Prices continue to climb on unrelenting feedstock shortage

Prices for steel hollow sections in Europe moved higher on Wednesday April 21 because feedstock costs were continuing to climb, sources told Fastmarkets.

Fastmarkets’ price assessment for steel sections (medium), domestic, delivered Northern Europe, was €1,050-1,120 ($1,265-1,349) per tonne on April 21, up from €950-1,050 per tonne on April 14.

“Prices have increased very quickly and aggressively. It’s likely to reach €1,200 per tonne in a few weeks or days, because they are...

Published

Carrie Bone

April 21, 2021

16:32 GMT

London