EUROPE SECTIONS: Market rises as feedstock prices jump

Prices for steel hollow sections in Europe rose on Wednesday June 23 following an increase in feedstock costs, sources have told Fastmarkets.

Fastmarkets’ price assessment for steel sections (medium), domestic, delivered Northern Europe, was €1,370-1,420 ($1,632-1,692) per tonne on June 23, up from €1,320-1,340 per tonne on June 16.

The price of hot-rolled coil, the feedstock for hollow sections, showed a brief spell of stability earlier in June after...

Published

Carrie Bone

June 23, 2021

16:25 GMT

London