EUROPE SECTIONS: Prices continue to dip as imports flow in

The price of steel hollow sections in Europe dipped in the week to Wednesday October 6; the import quota renewed for another quarter, sources told Fastmarkets.

Fastmarkets’ price assessment for steel sections (medium) domestic, delivered Northern Europe was €1,275-1,330 ($1,479-1,543) per tonne on October 6, down from €1,300-1,330 per tonne on Wednesday September 29.
Domestic market prices were under pressure from falling feedstock prices, combined with recently renewed import allowances.

Fastmarkets’ calculation of the daily steel...

Published

Carrie Bone

October 06, 2021

15:53 GMT

London