EUROPE SECTIONS: Market flat, renewed quotas refill stocks [CORRECTED]

Prices for steel hollow sections in Europe were flat on Wednesday July 7 due to a replenishing in stocks following the renewed import quota, sources told Fastmarkets.

Fastmarkets’ price assessment for steel sections (medium), domestic, delivered Northern Europe was €1,370-1,420 ($1,631-1,690) per tonne on July 7, unchanged week on week.

Hot-rolled coil, the feedstock for hollow sections, remains in tight supply, which has driven prices up to historical highs - although price increases have leveled off somewhat while...

Published

Carrie Bone

July 08, 2021

13:34 GMT

London