EUROPE SECTIONS: Prices continue to rise on runaway feedstock costs

Prices for steel hollow sections in Europe continued to rise on Wednesday May 12, with the rise in feedstock material costs showing no sign of slowing, sources have told Fastmarkets.

Fastmarkets’ price assessment for steel sections (medium), domestic, delivered Northern Europe, was €1,190-1,220 per tonne ($1,446-1,482) per tonne on May 12, up from €1,120-1,190 per tonne on May 5.

“I had thought price increases were slowing down a bit and then we increased our...

Published

Carrie Bone

May 12, 2021

16:37 GMT

London