EUROPE SECTIONS: Prices rise following exhaustion of key import quotas

Prices for steel hollow sections in Europe increased on Wednesday July 14 due to robust demand and limited imports following the exhaustion of key country-specific import quotas, sources told Fastmarkets.

Fastmarkets’ price assessment for steel sections (medium), domestic, delivered Northern Europe was €1,400-1,430 ($1,656-1,691) per tonne on July 14, up by €10-30 per tonne from €1,370-1,420 per tonne on July 7.

The weekly price assessment for steel sections (medium), domestic, delivered Southern Europe was also €1,400-1,430 per tonne on Wednesday,...

Published

Carrie Bone

July 14, 2021

15:38 GMT

London